AE Wealth Management LLC Has $4.83 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

AE Wealth Management LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 83.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,384 shares of the exchange traded fund’s stock after selling 41,052 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $4,834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Triad Wealth Partners LLC bought a new position in Vanguard Information Technology ETF during the second quarter worth about $32,000. Richardson Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at approximately $29,000. Bell Investment Advisors Inc bought a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $33,000. Family Firm Inc. acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth approximately $35,000. Finally, Opal Wealth Advisors LLC acquired a new stake in Vanguard Information Technology ETF during the 1st quarter worth approximately $34,000.

Vanguard Information Technology ETF Stock Down 0.4 %

Vanguard Information Technology ETF stock opened at $577.62 on Friday. The company has a 50 day moving average of $561.94 and a 200-day moving average of $546.28. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $609.15. The stock has a market capitalization of $72.73 billion, a PE 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).