National Wealth Management Group LLC Has $2.32 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

National Wealth Management Group LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,952 shares of the exchange traded fund’s stock after selling 73 shares during the quarter. Vanguard Information Technology ETF makes up about 1.6% of National Wealth Management Group LLC’s portfolio, making the stock its 17th largest position. National Wealth Management Group LLC’s holdings in Vanguard Information Technology ETF were worth $2,318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in VGT. Lazard Asset Management LLC increased its holdings in Vanguard Information Technology ETF by 13.9% in the 1st quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock worth $2,149,000 after acquiring an additional 500 shares during the last quarter. Diversify Advisory Services LLC increased its position in shares of Vanguard Information Technology ETF by 31.2% in the second quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock valued at $1,014,000 after acquiring an additional 403 shares during the period. Asset Dedication LLC boosted its holdings in Vanguard Information Technology ETF by 187.0% in the second quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 101 shares in the last quarter. Capital Investment Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 27.0% during the 2nd quarter. Capital Investment Advisors LLC now owns 1,577 shares of the exchange traded fund’s stock worth $910,000 after acquiring an additional 335 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Vanguard Information Technology ETF by 15.0% in the second quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 21 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.9 %

VGT stock traded down $5.32 during midday trading on Wednesday, hitting $617.85. The company’s stock had a trading volume of 70,852 shares, compared to its average volume of 460,673. Vanguard Information Technology ETF has a 12 month low of $454.77 and a 12 month high of $627.57. The firm’s 50-day moving average is $599.08 and its 200-day moving average is $575.38. The company has a market cap of $77.80 billion, a PE ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).