Vanguard Information Technology ETF (NYSEARCA:VGT) Stock Position Lowered by McAdam LLC

McAdam LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,264 shares of the exchange traded fund’s stock after selling 416 shares during the period. McAdam LLC’s holdings in Vanguard Information Technology ETF were worth $3,674,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VGT. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF in the second quarter worth $32,000. Richardson Capital Management LLC acquired a new position in Vanguard Information Technology ETF in the 1st quarter valued at $29,000. Bell Investment Advisors Inc bought a new position in Vanguard Information Technology ETF in the 2nd quarter worth $33,000. Halpern Financial Inc. acquired a new position in Vanguard Information Technology ETF during the 3rd quarter worth $33,000. Finally, Family Firm Inc. bought a new stake in Vanguard Information Technology ETF during the second quarter valued at about $35,000.

Vanguard Information Technology ETF Stock Down 1.6 %

Shares of NYSEARCA VGT opened at $596.96 on Thursday. Vanguard Information Technology ETF has a 12 month low of $397.76 and a 12 month high of $610.06. The company has a market cap of $75.17 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $577.75 and its two-hundred day moving average is $557.30.

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).