Concurrent Investment Advisors LLC Reduces Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Concurrent Investment Advisors LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% in the 4th quarter, Holdings Channel reports. The firm owned 10,591 shares of the exchange traded fund’s stock after selling 621 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $6,585,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. St. Johns Investment Management Company LLC purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth approximately $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth approximately $30,000. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth approximately $32,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $643.66 on Thursday. The stock’s fifty day moving average is $629.26 and its two-hundred day moving average is $602.56. The firm has a market capitalization of $81.05 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

Vanguard Information Technology ETF Company 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).