Asset Management Group Inc. Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Asset Management Group Inc. lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,860 shares of the exchange traded fund’s stock after selling 50 shares during the quarter. Asset Management Group Inc.’s holdings in Vanguard Information Technology ETF were worth $3,955,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VGT. Triad Wealth Partners LLC acquired a new stake in Vanguard Information Technology ETF during the second quarter worth about $32,000. Richardson Capital Management LLC acquired a new stake in Vanguard Information Technology ETF in the 1st quarter valued at $29,000. Bell Investment Advisors Inc acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $33,000. Family Firm Inc. acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $35,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF in the first quarter valued at approximately $34,000.

Vanguard Information Technology ETF Stock Down 0.4 %

Vanguard Information Technology ETF stock opened at $577.62 on Friday. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $609.15. The firm has a market capitalization of $72.73 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a fifty day simple moving average of $561.94 and a 200-day simple moving average of $546.07.

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).