Skyline Advisors Inc. Lowers Holdings in Vanguard Information Technology ETF $VGT

Skyline Advisors Inc. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 43.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 497 shares of the exchange traded fund’s stock after selling 376 shares during the quarter. Skyline Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $330,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Cordant Inc. bought a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth $28,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth $28,000. Copia Wealth Management bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $30,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the 1st quarter valued at about $32,000. Finally, MorganRosel Wealth Management LLC acquired a new position in Vanguard Information Technology ETF during the 1st quarter valued at about $33,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $741.17 on Friday. The business’s 50-day moving average is $697.49 and its 200 day moving average is $623.53. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $741.80. The firm has a market capitalization of $105.21 billion, a P/E ratio of 34.55 and a beta of 1.16.

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).