Vanguard Information Technology ETF $VGT Stock Holdings Lessened by Centricity Wealth Management LLC

Centricity Wealth Management LLC trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.3% in the second quarter, Holdings Channel.com reports. The firm owned 1,408 shares of the exchange traded fund’s stock after selling 33 shares during the quarter. Vanguard Information Technology ETF comprises 0.7% of Centricity Wealth Management LLC’s portfolio, making the stock its 26th largest holding. Centricity Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont increased its holdings in Vanguard Information Technology ETF by 2.3% in the second quarter. Trust Co. of Vermont now owns 6,203 shares of the exchange traded fund’s stock worth $4,114,000 after buying an additional 142 shares during the last quarter. Childress Capital Advisors LLC grew its holdings in Vanguard Information Technology ETF by 103.7% during the second quarter. Childress Capital Advisors LLC now owns 6,141 shares of the exchange traded fund’s stock valued at $4,073,000 after purchasing an additional 3,127 shares during the last quarter. Midwest Financial Group LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter worth $201,000. Institute for Wealth Management LLC. grew its stake in shares of Vanguard Information Technology ETF by 62.7% in the second quarter. Institute for Wealth Management LLC. now owns 4,074 shares of the exchange traded fund’s stock worth $2,702,000 after acquiring an additional 1,570 shares during the last quarter. Finally, Financial Consulate Inc. acquired a new stake in Vanguard Information Technology ETF during the second quarter worth $1,326,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $746.63 on Wednesday. The company has a market capitalization of $105.98 billion, a P/E ratio of 34.55 and a beta of 1.16. The firm’s fifty day moving average price is $706.29 and its two-hundred day moving average price is $632.51. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $753.59.

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).