Vanguard Information Technology ETF $VGT Stock: McKinley Carter Wealth Services Inc. Reduces Stake

McKinley Carter Wealth Services Inc. trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 36.3% during the third quarter, HoldingsChannel.com reports. The firm owned 12,648 shares of the exchange traded fund’s stock after selling 7,206 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in Vanguard Information Technology ETF were worth $1,589,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vontobel Holding Ltd. grew its holdings in Vanguard Information Technology ETF by 13.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 3,391 shares of the exchange traded fund’s stock worth $426,000 after acquiring an additional 405 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in Vanguard Information Technology ETF by 7.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 55,109 shares of the exchange traded fund’s stock valued at $7,004,000 after acquiring an additional 3,614 shares during the period. Cyndeo Wealth Partners LLC raised its stake in shares of Vanguard Information Technology ETF by 150.5% during the third quarter. Cyndeo Wealth Partners LLC now owns 7,308 shares of the exchange traded fund’s stock valued at $918,000 after acquiring an additional 4,391 shares during the last quarter. Pension & Wealth Management Advisors Inc. raised its stake in shares of Vanguard Information Technology ETF by 126.6% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 2,866 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 1,601 shares during the last quarter. Finally, Cornerstone Enterprises LLC raised its stake in shares of Vanguard Information Technology ETF by 67.2% during the third quarter. Cornerstone Enterprises LLC now owns 3,410 shares of the exchange traded fund’s stock valued at $429,000 after acquiring an additional 1,370 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT traded down $3.51 during mid-day trading on Friday, reaching $118.83. 5,927,022 shares of the company’s stock were exchanged, compared to its average volume of 4,471,269. The firm has a market capitalization of $146.17 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The business’s fifty day moving average price is $122.50 and its 200-day moving average price is $114.90. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $130.66.

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). 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.