Vanguard Information Technology ETF $VGT Shares Sold by Pathway Financial Advisors LLC

Pathway Financial Advisors LLC trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 85.3% in the third quarter, Holdings Channel reports. The fund owned 3,406 shares of the exchange traded fund’s stock after selling 19,706 shares during the period. Pathway Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $428,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $36,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $38,000. MCF Advisors LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $40,000. TD Capital Management LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $40,000. Finally, AG Campbell Advisory LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $54,000.

Vanguard Information Technology ETF Stock Performance

VGT traded down $0.46 during trading on Wednesday, hitting $129.34. The stock had a trading volume of 1,866,615 shares, compared to its average volume of 4,447,535. The firm has a market capitalization of $158.44 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66. The company’s 50-day moving average price is $121.09 and its 200 day moving average price is $113.02.

About Vanguard Information Technology ETF

(Free Report)

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.

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