Facet Wealth Inc. Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Facet Wealth Inc. lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 584 shares of the exchange traded fund’s stock after selling 78 shares during the quarter. Facet Wealth Inc.’s holdings in Vanguard Information Technology ETF were worth $363,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VGT. Linscomb Wealth Inc. boosted its position in Vanguard Information Technology ETF by 7.9% during the 3rd quarter. Linscomb Wealth Inc. now owns 521 shares of the exchange traded fund’s stock valued at $305,000 after buying an additional 38 shares during the period. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $32,000. Peterson Financial Group Inc. purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Thrivent Financial for Lutherans boosted its position in Vanguard Information Technology ETF by 15.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,673 shares of the exchange traded fund’s stock valued at $2,743,000 after buying an additional 610 shares during the period. Finally, Westfuller Advisors LLC purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $212,000.

Vanguard Information Technology ETF Stock Up 3.0 %

Shares of VGT opened at $563.01 on Friday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock has a market capitalization of $78.42 billion, a P/E ratio of 33.62 and a beta of 1.17. The firm has a fifty day simple moving average of $612.53 and a two-hundred day simple moving average of $606.22.

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).