Wealth Alliance Has $425,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Wealth Alliance lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 683 shares of the exchange traded fund’s stock after selling 51 shares during the quarter. Wealth Alliance’s holdings in Vanguard Information Technology ETF were worth $425,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Signaturefd LLC raised its holdings in Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after acquiring an additional 17 shares during the period. Corbyn Investment Management Inc. MD increased its stake in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares during the period. Sovereign Financial Group Inc. lifted its position in shares of Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after purchasing an additional 17 shares during the last quarter. Frank Rimerman Advisors LLC boosted its stake in Vanguard Information Technology ETF by 3.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 18 shares during the period. Finally, Americana Partners LLC grew its holdings in Vanguard Information Technology ETF by 1.2% in the 3rd quarter. Americana Partners LLC now owns 1,645 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 19 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 2.7 %

Shares of NYSEARCA VGT opened at $624.14 on Friday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The company has a market cap of $78.59 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $629.41 and its two-hundred day moving average is $603.11.

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).