SignalPoint Asset Management LLC Sells 369 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

SignalPoint Asset Management LLC lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,866 shares of the exchange traded fund’s stock after selling 369 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,160,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Morton Capital Management LLC CA raised its position in shares of Vanguard Information Technology ETF by 4.3% during the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock worth $241,000 after acquiring an additional 17 shares during the last quarter. Signaturefd LLC raised its position in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after acquiring an additional 17 shares during the last quarter. Corbyn Investment Management Inc. MD raised its position in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after acquiring an additional 17 shares during the last quarter. Sovereign Financial Group Inc. raised its position in shares of Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after acquiring an additional 17 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 3.6% during the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 18 shares during the period.

Vanguard Information Technology ETF Stock Up 2.2 %

Shares of Vanguard Information Technology ETF stock opened at $623.39 on Thursday. Vanguard Information Technology ETF has a 12 month low of $473.89 and a 12 month high of $648.66. The business has a fifty day simple moving average of $627.02 and a 200 day simple moving average of $594.15. The stock has a market cap of $78.50 billion, a PE ratio of 36.30 and a beta of 1.41.

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).