Arkadios Wealth Advisors Sells 550 Shares of Vanguard Information Technology ETF $VGT

Arkadios Wealth Advisors cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,431 shares of the exchange traded fund’s stock after selling 550 shares during the quarter. Arkadios Wealth Advisors’ holdings in Vanguard Information Technology ETF were worth $4,265,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Wheelhouse Advisory Group LLC raised its holdings in Vanguard Information Technology ETF by 6.1% in the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after purchasing an additional 1,317 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in Vanguard Information Technology ETF by 17.5% in the first quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 21 shares in the last quarter. Endowment Wealth Management Inc. bought a new position in Vanguard Information Technology ETF in the second quarter worth about $289,000. American National Bank & Trust raised its holdings in Vanguard Information Technology ETF by 173.3% in the second quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after purchasing an additional 104 shares in the last quarter. Finally, Index Fund Advisors Inc. grew its stake in shares of Vanguard Information Technology ETF by 286.4% during the second quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock worth $4,292,000 after acquiring an additional 4,797 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $801.52 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The firm has a market capitalization of $118.58 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The stock’s 50-day simple moving average is $735.43 and its 200-day simple moving average is $666.49.

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).