Onyx Bridge Wealth Group LLC Cuts Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Onyx Bridge Wealth Group LLC lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,689 shares of the exchange traded fund’s stock after selling 122 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Information Technology ETF were worth $817,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VGT. Fairfield Bush & CO. purchased a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $84,000. AMI Investment Management Inc. grew its holdings in Vanguard Information Technology ETF by 5.9% in the first quarter. AMI Investment Management Inc. now owns 47,612 shares of the exchange traded fund’s stock valued at $19,829,000 after purchasing an additional 2,662 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Vanguard Information Technology ETF by 40.4% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 650 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 187 shares during the period. Prudential Financial Inc. increased its position in shares of Vanguard Information Technology ETF by 24.8% in the first quarter. Prudential Financial Inc. now owns 180,462 shares of the exchange traded fund’s stock valued at $75,159,000 after buying an additional 35,906 shares in the last quarter. Finally, Laurel Wealth Advisors Inc. raised its stake in shares of Vanguard Information Technology ETF by 5.9% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 5,085 shares of the exchange traded fund’s stock worth $2,118,000 after buying an additional 283 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded down $13.09 during midday trading on Friday, reaching $479.88. 1,135,272 shares of the company’s stock traded hands, compared to its average volume of 487,566. The company has a fifty day simple moving average of $516.65 and a two-hundred day simple moving average of $480.57. Vanguard Information Technology ETF has a 1 year low of $368.39 and a 1 year high of $536.63. The company has a market cap of $60.43 billion, a P/E ratio of 37.45 and a beta of 1.37.

Vanguard Information Technology ETF Company 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).