Gray Wealth Management Inc. Sells 537 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Gray Wealth Management Inc. cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,351 shares of the exchange traded fund’s stock after selling 537 shares during the quarter. Vanguard Information Technology ETF comprises about 1.0% of Gray Wealth Management Inc.’s portfolio, making the stock its 22nd biggest position. Gray Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $2,106,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in VGT. Twin Capital Management Inc. purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $223,000. Curran Financial Partners LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $11,430,000. OLD Second National Bank of Aurora acquired a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $29,000. HF Advisory Group LLC raised its holdings in shares of Vanguard Information Technology ETF by 3.6% in the fourth quarter. HF Advisory Group LLC now owns 2,515 shares of the exchange traded fund’s stock worth $1,218,000 after buying an additional 87 shares during the last quarter. Finally, Rakuten Securities Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $189,000.

Vanguard Information Technology ETF Stock Down 0.9 %

Shares of Vanguard Information Technology ETF stock traded down $4.72 on Thursday, reaching $492.97. 538,712 shares of the stock were exchanged, compared to its average volume of 478,927. The business has a 50 day moving average price of $517.90 and a two-hundred day moving average price of $480.06. The firm has a market capitalization of $62.07 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a twelve month low of $368.39 and a twelve month high of $536.63.

Vanguard Information Technology ETF 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).