ORBA Wealth Advisors L.L.C. Has $657,000 Stock Position in Vanguard Information Technology ETF $VGT

ORBA Wealth Advisors L.L.C. decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 990 shares of the exchange traded fund’s stock after selling 825 shares during the period. ORBA Wealth Advisors L.L.C.’s holdings in Vanguard Information Technology ETF were worth $657,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wheelhouse Advisory Group LLC boosted its stake in Vanguard Information Technology ETF by 6.1% in the 2nd 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 during the period. Endowment Wealth Management Inc. acquired a new position in Vanguard Information Technology ETF in the 2nd quarter worth $289,000. American National Bank & Trust boosted its stake in Vanguard Information Technology ETF by 173.3% in the 2nd 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 during the period. MMA Asset Management LLC acquired a new position in Vanguard Information Technology ETF in the 2nd quarter worth $245,000. Finally, Index Fund Advisors Inc. boosted its stake in Vanguard Information Technology ETF by 286.4% in the 2nd quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock worth $4,292,000 after purchasing an additional 4,797 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $774.45 on Wednesday. The company’s 50-day moving average price is $743.23 and its two-hundred day moving average price is $675.32. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99. The stock has a market capitalization of $114.58 billion, a PE ratio of 34.55 and a beta of 1.25.

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).