White Lighthouse Investment Management Inc. Sells 6,653 Shares of Vanguard Information Technology ETF $VGT

White Lighthouse Investment Management Inc. lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 246,375 shares of the exchange traded fund’s stock after selling 6,653 shares during the period. Vanguard Information Technology ETF accounts for approximately 3.7% of White Lighthouse Investment Management Inc.’s investment portfolio, making the stock its 7th biggest holding. White Lighthouse Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $30,962,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Vanguard Information Technology ETF by 497.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 194 shares in the last quarter. Owl Creek Wealth Partners LLC increased its position in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Owl Creek Wealth Partners LLC now owns 288 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 252 shares during the period. Kings Path Partners LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter worth $34,000. Financial Network Wealth Advisors LLC increased its position in Vanguard Information Technology ETF by 1,641.2% during the 2nd quarter. Financial Network Wealth Advisors LLC now owns 296 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 279 shares during the period. Finally, Mosley Wealth Management increased its position in Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Mosley Wealth Management now owns 304 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 266 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $122.25 on Thursday. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66. The company has a market capitalization of $150.38 billion, a P/E ratio of 34.55 and a beta of 1.34. The stock has a fifty day moving average of $122.52 and a 200-day moving average of $115.82.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.