Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,309 shares of the exchange traded fund’s stock after selling 5,362 shares during the period. Vanguard Information Technology ETF comprises 1.1% of TRUE Private Wealth Advisors’ investment portfolio, making the stock its 17th biggest position. TRUE Private Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $8,862,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VGT. Financial Counselors Inc. increased its holdings in Vanguard Information Technology ETF by 0.5% during the 4th quarter. Financial Counselors Inc. now owns 4,078 shares of the exchange traded fund’s stock worth $1,974,000 after purchasing an additional 20 shares during the period. Salem Investment Counselors Inc. increased its holdings in Vanguard Information Technology ETF by 7.6% during the 4th quarter. Salem Investment Counselors Inc. now owns 327 shares of the exchange traded fund’s stock worth $158,000 after purchasing an additional 23 shares during the period. Grey Fox Wealth Advisors LLC increased its holdings in Vanguard Information Technology ETF by 3.7% during the 4th quarter. Grey Fox Wealth Advisors LLC now owns 644 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 23 shares during the period. Franklin Resources Inc. increased its holdings in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Franklin Resources Inc. now owns 2,366 shares of the exchange traded fund’s stock worth $1,046,000 after purchasing an additional 24 shares during the period. Finally, Octavia Wealth Advisors LLC increased its holdings in Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 619 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 25 shares during the period.

Vanguard Information Technology ETF Stock Down 0.3 %

NYSEARCA VGT traded down $1.69 during trading hours on Wednesday, hitting $503.50. 88,681 shares of the company were exchanged, compared to its average volume of 473,704. The company has a 50 day moving average of $518.17 and a two-hundred day moving average of $479.93. Vanguard Information Technology ETF has a 52-week low of $368.39 and a 52-week high of $536.63. The firm has a market cap of $63.40 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37.

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).