Axxcess Wealth Management LLC Decreases Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Axxcess Wealth Management LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 43.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,466 shares of the exchange traded fund’s stock after selling 1,869 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,194,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Signature Resources Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $28,000. One Charles Private Wealth Services LLC grew its holdings in Vanguard Information Technology ETF by 27.6% during the 4th quarter. One Charles Private Wealth Services LLC now owns 3,004 shares of the exchange traded fund’s stock valued at $1,454,000 after purchasing an additional 649 shares during the last quarter. Merit Financial Group LLC grew its holdings in Vanguard Information Technology ETF by 6.6% during the 4th quarter. Merit Financial Group LLC now owns 5,159 shares of the exchange traded fund’s stock valued at $2,497,000 after purchasing an additional 318 shares during the last quarter. Bordeaux Wealth Advisors LLC bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $316,000. Finally, Solutions 4 Wealth Ltd bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $337,000.

Vanguard Information Technology ETF Trading Up 0.6 %

Shares of NYSEARCA:VGT opened at $512.46 on Monday. The company has a market capitalization of $64.53 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $382.70 and a 12 month high of $536.63. The firm’s 50-day moving average is $514.01 and its 200 day moving average is $486.59.

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).