Vanguard Information Technology ETF $VGT Stock Position Lowered by WBH Advisory Inc.

WBH Advisory Inc. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,807 shares of the exchange traded fund’s stock after selling 7,529 shares during the period. Vanguard Information Technology ETF comprises about 4.3% of WBH Advisory Inc.’s holdings, making the stock its 2nd largest holding. WBH Advisory Inc.’s holdings in Vanguard Information Technology ETF were worth $57,102,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of VGT. Sagespring Wealth Partners LLC raised its stake in shares of Vanguard Information Technology ETF by 71.0% during the fourth quarter. Sagespring Wealth Partners LLC now owns 3,388 shares of the exchange traded fund’s stock valued at $2,554,000 after acquiring an additional 1,407 shares during the last quarter. McClarren Financial Advisors Inc. grew its stake in shares of Vanguard Information Technology ETF by 62.7% in the fourth quarter. McClarren Financial Advisors Inc. now owns 6,468 shares of the exchange traded fund’s stock worth $4,875,000 after purchasing an additional 2,492 shares during the last quarter. Magnolia Wealth Management LLC bought a new stake in shares of Vanguard Information Technology ETF in the third quarter worth about $13,669,000. Jefferies Financial Group Inc. bought a new stake in shares of Vanguard Information Technology ETF in the third quarter worth about $1,680,300,000. Finally, Allworth Financial LP increased its holdings in Vanguard Information Technology ETF by 7.7% during the 3rd quarter. Allworth Financial LP now owns 13,603 shares of the exchange traded fund’s stock valued at $10,157,000 after purchasing an additional 969 shares during the period.

Vanguard Information Technology ETF Price Performance

VGT opened at $114.64 on Friday. The business has a 50 day simple moving average of $114.65 and a two-hundred day simple moving average of $100.53. The firm has a market capitalization of $139.46 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.00 and a one year high of $126.00.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.