Vanguard Information Technology ETF $VGT Stock Holdings Trimmed by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 17.6% during the 1st quarter, Holdings Channel reports. The fund owned 1,458 shares of the exchange traded fund’s stock after selling 311 shares during the period. Arete Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in VGT. Cordant Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at $28,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at $28,000. Copia Wealth Management acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at $32,000. Finally, MorganRosel Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at $33,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $705.75 on Wednesday. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $710.88. The stock has a market cap of $100.18 billion, a PE ratio of 34.55 and a beta of 1.16. The business’s fifty day moving average is $688.95 and its 200-day moving average is $616.31.

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).