Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Addison Advisors LLC

Addison Advisors LLC lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 65.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91 shares of the exchange traded fund’s stock after selling 170 shares during the period. Addison Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $52,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Heritage Wealth Partners LLC grew its holdings in 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 worth $268,000 after acquiring an additional 19 shares in the last quarter. Embree Financial Group boosted its holdings in shares of Vanguard Information Technology ETF by 0.9% in the 2nd quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock valued at $1,331,000 after buying an additional 20 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Vanguard Information Technology ETF by 15.0% in the 2nd quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 21 shares in the last quarter. Cooper Financial Group boosted its holdings in shares of Vanguard Information Technology ETF by 3.8% in the 2nd quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 21 shares in the last quarter. Finally, Slagle Financial LLC boosted its holdings in shares of Vanguard Information Technology ETF by 5.1% in the 2nd quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock valued at $247,000 after buying an additional 21 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.4 %

Shares of Vanguard Information Technology ETF stock opened at $533.17 on Friday. The company has a fifty day simple moving average of $568.26 and a 200-day simple moving average of $542.68. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $609.15. The stock has a market cap of $67.14 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).