Vanguard Information Technology ETF $VGT is Marotta Asset Management’s 2nd Largest Position

Marotta Asset Management reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,684 shares of the exchange traded fund’s stock after selling 6,337 shares during the quarter. Vanguard Information Technology ETF makes up approximately 6.7% of Marotta Asset Management’s investment portfolio, making the stock its 2nd largest position. Marotta Asset Management’s holdings in Vanguard Information Technology ETF were worth $33,618,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in VGT. Cordant Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter valued at $28,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the first quarter valued at $28,000. Copia Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF in the first quarter worth about $32,000. Finally, MorganRosel Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF in the first quarter worth about $33,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $719.57 on Friday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $721.45. The company has a 50-day moving average of $691.76 and a 200 day moving average of $618.49. The firm has a market cap of $102.14 billion, a PE ratio of 34.55 and a beta of 1.16.

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).