Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Reduced by Vertex Planning Partners LLC

Vertex Planning Partners LLC lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 520 shares of the exchange traded fund’s stock after selling 25 shares during the period. Vertex Planning Partners LLC’s holdings in Vanguard Information Technology ETF were worth $305,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF during the second quarter valued at $32,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the third quarter valued at $32,000. Finally, Bell Investment Advisors Inc bought a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at about $33,000.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of VGT opened at $604.62 on Tuesday. The firm has a market capitalization of $76.13 billion, a PE ratio of 36.30 and a beta of 1.41. The firm has a 50-day moving average price of $592.35 and a 200 day moving average price of $571.00. Vanguard Information Technology ETF has a 52-week low of $454.77 and a 52-week high of $626.45.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).