Cutler Investment Counsel LLC Has $1.01 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cutler Investment Counsel LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.9% in the third quarter, Holdings Channel reports. The fund owned 1,716 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard Information Technology ETF were worth $1,008,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Information Technology ETF in the third quarter valued at $30,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF in the second quarter worth approximately $32,000. Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $32,000. Bell Investment Advisors Inc bought a new position in Vanguard Information Technology ETF during the 2nd quarter worth approximately $33,000. Finally, Halpern Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $33,000.

Vanguard Information Technology ETF Stock Down 2.4 %

Vanguard Information Technology ETF stock traded down $15.03 during trading hours on Friday, reaching $602.95. 614,337 shares of the company’s stock were exchanged, compared to its average volume of 462,277. The firm has a market capitalization of $75.92 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s 50 day simple moving average is $591.06 and its 200 day simple moving average is $569.16. Vanguard Information Technology ETF has a twelve month low of $452.47 and a twelve month high of $626.45.

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).