Institute for Wealth Management LLC. Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Institute for Wealth Management LLC. trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,156 shares of the exchange traded fund’s stock after selling 36 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Information Technology ETF were worth $1,962,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. St. Johns Investment Management Company LLC acquired a new position in Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF in the third quarter worth about $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Halpern Financial Inc. acquired a new position in Vanguard Information Technology ETF in the third quarter worth $33,000.

Vanguard Information Technology ETF Trading Up 0.0 %

Shares of Vanguard Information Technology ETF stock opened at $619.90 on Friday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock has a market capitalization of $78.06 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business’s 50 day simple moving average is $629.73 and its 200-day simple moving average is $596.72.

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).