Vanguard Information Technology ETF $VGT Shares Sold by PBMares Wealth Management LLC

PBMares Wealth Management LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,546 shares of the exchange traded fund’s stock after selling 63 shares during the quarter. PBMares Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,025,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VGT. Cordant Inc. acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $28,000. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $32,000. MorganRosel Wealth Management LLC acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at about $33,000. Finally, BankPlus Trust Department grew its position in Vanguard Information Technology ETF by 169.2% in the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 44 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT opened at $746.63 on Wednesday. The stock has a 50-day simple moving average of $706.29 and a 200-day simple moving average of $632.51. The stock has a market capitalization of $105.98 billion, a PE ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $753.59.

About Vanguard Information Technology ETF

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).