Independent Advisor Alliance Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Independent Advisor Alliance trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 29.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 820 shares of the exchange traded fund’s stock after selling 341 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Information Technology ETF were worth $481,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wulff Hansen & CO. lifted its position in Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after acquiring an additional 5,331,540 shares during the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock valued at $868,897,000 after purchasing an additional 1,504,206 shares during the last quarter. Liberty Wealth Management LLC boosted its position in shares of Vanguard Information Technology ETF by 6,873.3% in the 2nd quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock worth $179,928,000 after purchasing an additional 307,580 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Vanguard Information Technology ETF by 263.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after buying an additional 123,866 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Vanguard Information Technology ETF during the 2nd quarter valued at about $55,988,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $616.76 on Friday. The stock has a market cap of $77.66 billion, a PE ratio of 36.30 and a beta of 1.41. The stock has a 50-day moving average of $600.90 and a two-hundred day moving average of $575.96. Vanguard Information Technology ETF has a one year low of $454.77 and a one year high of $627.57.

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).