Centennial Bank AR Trims Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Centennial Bank AR decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 234 shares of the exchange traded fund’s stock after selling 25 shares during the period. Centennial Bank AR’s holdings in Vanguard Information Technology ETF were worth $135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Strategic Investment Solutions Inc. IL acquired a new stake in Vanguard Information Technology ETF during the 2nd quarter worth about $4,475,000. Dana Investment Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $207,000. Orleans Capital Management Corp LA raised its holdings in Vanguard Information Technology ETF by 1.3% in the 2nd quarter. Orleans Capital Management Corp LA now owns 2,629 shares of the exchange traded fund’s stock worth $1,516,000 after purchasing an additional 34 shares during the period. Granite Bay Wealth Management LLC acquired a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $439,000. Finally, Truist Financial Corp increased its position in shares of Vanguard Information Technology ETF by 3.0% in the second quarter. Truist Financial Corp now owns 158,774 shares of the exchange traded fund’s stock valued at $91,547,000 after buying an additional 4,631 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $571.78 on Wednesday. The business’s 50 day moving average price is $561.25 and its 200-day moving average price is $549.36. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The firm has a market capitalization of $72.00 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).