Cetera Investment Advisers Sells 7,485 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Cetera Investment Advisers trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 229,370 shares of the exchange traded fund’s stock after selling 7,485 shares during the period. Cetera Investment Advisers owned approximately 0.18% of Vanguard Information Technology ETF worth $132,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Heritage Wealth Partners LLC lifted its holdings in shares of Vanguard Information Technology ETF by 4.3% during the 2nd quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 19 shares during the period. Embree Financial Group lifted its holdings in Vanguard Information Technology ETF by 0.9% in the second quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock valued at $1,331,000 after acquiring an additional 20 shares during the period. GAMMA Investing LLC boosted its position 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 during the last quarter. Cooper Financial Group grew its stake in shares of Vanguard Information Technology ETF by 3.8% during the 2nd quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 21 shares during the period. Finally, Slagle Financial LLC increased its position in shares of Vanguard Information Technology ETF by 5.1% during the 2nd quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 21 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.3 %

VGT opened at $586.52 on Tuesday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $609.15. The firm’s 50 day simple moving average is $561.48 and its two-hundred day simple moving average is $548.97. The company has a market capitalization of $73.85 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).