Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Capital Advisors Wealth Management LLC

Capital Advisors Wealth Management LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 37,282 shares of the exchange traded fund’s stock after selling 3,398 shares during the period. Vanguard Information Technology ETF accounts for about 4.0% of Capital Advisors Wealth Management LLC’s holdings, making the stock its 7th biggest position. Capital Advisors Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $21,867,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VGT. Richardson Capital Management LLC purchased a new stake in Vanguard Information Technology ETF during the 1st quarter worth $29,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter worth about $32,000. Bell Investment Advisors Inc bought a new position in shares of Vanguard Information Technology ETF during the second quarter worth about $33,000. Halpern Financial Inc. bought a new position in shares of Vanguard Information Technology ETF during the third quarter worth about $33,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $34,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $597.41 on Wednesday. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $610.06. The company’s 50-day simple moving average is $570.08 and its 200-day simple moving average is $554.07. The stock has a market capitalization of $75.23 billion, a price-to-earnings 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).