IAG Wealth Partners LLC Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

IAG Wealth Partners LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.1% in the 4th quarter, Holdings Channel reports. The firm owned 123 shares of the exchange traded fund’s stock after selling 29 shares during the period. IAG Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $76,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Briaud Financial Planning Inc acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Finally, Coastline Trust Co acquired a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000.

Vanguard Information Technology ETF Stock Up 1.5 %

Shares of VGT stock opened at $556.46 on Thursday. The stock has a market capitalization of $77.25 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock’s 50-day moving average price is $615.42 and its 200 day moving average price is $606.51.

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).