Valley Wealth Managers Inc. Sells 345 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Valley Wealth Managers Inc. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,060 shares of the exchange traded fund’s stock after selling 345 shares during the period. Valley Wealth Managers Inc.’s holdings in Vanguard Information Technology ETF were worth $1,281,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VGT. Venturi Wealth Management LLC increased its position in shares of Vanguard Information Technology ETF by 104.2% in the fourth quarter. Venturi Wealth Management LLC now owns 929 shares of the exchange traded fund’s stock valued at $578,000 after acquiring an additional 474 shares during the last quarter. Empower Advisory Group LLC increased its position in shares of Vanguard Information Technology ETF by 1.5% in the fourth quarter. Empower Advisory Group LLC now owns 8,565 shares of the exchange traded fund’s stock valued at $5,326,000 after acquiring an additional 123 shares during the last quarter. Burke & Herbert Bank & Trust Co. acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $243,000. Human Investing LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $133,000. Finally, Meredith Wealth Planning increased its position in Vanguard Information Technology ETF by 19.6% during the fourth quarter. Meredith Wealth Planning now owns 470 shares of the exchange traded fund’s stock worth $292,000 after buying an additional 77 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.7 %

Shares of NYSEARCA VGT opened at $644.10 on Wednesday. The business’s 50 day moving average price is $628.98 and its two-hundred day moving average price is $601.79. The company has a market cap of $81.11 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76.

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).