Pinnacle Wealth Management Advisory Group LLC Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Pinnacle Wealth Management Advisory Group LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 927 shares of the exchange traded fund’s stock after selling 50 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Information Technology ETF were worth $449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bfsg LLC acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Signature Resources Capital Management LLC purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $28,000. OLD Second National Bank of Aurora purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $29,000. Wetzel Investment Advisors Inc. purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $36,000. Finally, Aspire Private Capital LLC purchased a new position in Vanguard Information Technology ETF during the third quarter worth approximately $37,000.

Vanguard Information Technology ETF Stock Down 0.2 %

NYSEARCA:VGT traded down $0.96 on Thursday, reaching $514.46. The company’s stock had a trading volume of 253,061 shares, compared to its average volume of 475,855. The firm has a market cap of $64.78 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock has a 50 day moving average price of $514.05 and a 200 day moving average price of $488.03. Vanguard Information Technology ETF has a 12-month low of $382.70 and a 12-month high of $536.63.

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).