Great Valley Advisor Group Inc. Trims Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Great Valley Advisor Group Inc. trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.0% during the third quarter, HoldingsChannel.com reports. The firm owned 2,288 shares of the exchange traded fund’s stock after selling 172 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Vanguard Information Technology ETF were worth $1,342,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Morton Capital Management LLC CA increased its position in shares of Vanguard Information Technology ETF by 4.3% during the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 17 shares during the period. Signaturefd LLC increased its holdings in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after acquiring an additional 17 shares during the period. Corbyn Investment Management Inc. MD lifted its stake in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares in the last quarter. Frank Rimerman Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 3.6% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 18 shares during the period. Finally, Heritage Wealth Partners LLC grew its position in shares of Vanguard Information Technology ETF by 4.3% during the 2nd quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock valued at $268,000 after purchasing an additional 19 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $621.29 on Tuesday. The stock has a market cap of $78.23 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $454.77 and a fifty-two week high of $627.57. The firm’s fifty day moving average price is $597.93 and its 200-day moving average price is $574.63.

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).