Atticus Wealth Management LLC Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Atticus Wealth Management LLC cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,763 shares of the exchange traded fund’s stock after selling 255 shares during the period. Vanguard Information Technology ETF comprises approximately 0.6% of Atticus Wealth Management LLC’s portfolio, making the stock its 28th largest position. Atticus Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,973,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Searcy Financial Services Inc. ADV purchased a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth about $212,000. Monumental Financial Group Inc. boosted its stake in Vanguard Information Technology ETF by 8.6% in the first quarter. Monumental Financial Group Inc. now owns 38,858 shares of the exchange traded fund’s stock worth $20,375,000 after buying an additional 3,071 shares in the last quarter. Independence Bank of Kentucky grew its position in Vanguard Information Technology ETF by 59.4% during the first quarter. Independence Bank of Kentucky now owns 510 shares of the exchange traded fund’s stock valued at $267,000 after acquiring an additional 190 shares during the last quarter. Norwood Financial Corp bought a new position in Vanguard Information Technology ETF during the first quarter valued at approximately $228,000. Finally, Pinnacle Bancorp Inc. raised its stake in shares of Vanguard Information Technology ETF by 8.4% during the first quarter. Pinnacle Bancorp Inc. now owns 321 shares of the exchange traded fund’s stock worth $168,000 after acquiring an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.0 %

Shares of Vanguard Information Technology ETF stock traded down $0.21 during trading on Friday, reaching $576.59. The company’s stock had a trading volume of 380,444 shares, compared to its average volume of 456,512. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $593.10. The firm’s 50-day moving average is $539.46 and its two-hundred day moving average is $516.44. The company has a market cap of $72.60 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).