GeoWealth Management LLC Sells 105 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

GeoWealth Management LLC lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.2% during the second quarter, HoldingsChannel.com reports. The fund owned 920 shares of the exchange traded fund’s stock after selling 105 shares during the period. GeoWealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $406,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Barrett & Company Inc. bought a new position in Vanguard Information Technology ETF in the 1st quarter valued at approximately $26,000. Tower Research Capital LLC TRC bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at $30,000. Stonebridge Capital Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 160.6% during the first quarter. Stonebridge Capital Advisors LLC now owns 86 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 53 shares during the period. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Information Technology ETF in the first quarter worth $34,000. Finally, Rice Partnership LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at $38,000.

Vanguard Information Technology ETF Stock Up 1.4 %

Shares of NYSEARCA:VGT opened at $462.42 on Tuesday. The business has a fifty day simple moving average of $424.66 and a 200 day simple moving average of $427.27. Vanguard Information Technology ETF has a 12-month low of $310.00 and a 12-month high of $463.56. The firm has a market cap of $55.23 billion, a P/E ratio of 24.70 and a beta of 1.16.

Vanguard Information Technology ETF Profile

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).