Stratos Wealth Partners LTD. Cuts Position in Vanguard Information Technology ETF $VGT

Stratos Wealth Partners LTD. decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,360 shares of the exchange traded fund’s stock after selling 773 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Vanguard Information Technology ETF were worth $25,655,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AMI Investment Management Inc. increased its holdings in shares of Vanguard Information Technology ETF by 4.2% in the 3rd quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock valued at $50,173,000 after acquiring an additional 2,726 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Vanguard Information Technology ETF by 98.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock worth $4,723,000 after purchasing an additional 3,138 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Vanguard Information Technology ETF by 2.8% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock valued at $552,305,000 after purchasing an additional 20,182 shares in the last quarter. Asset Planning Services Inc. LA ADV acquired a new position in Vanguard Information Technology ETF in the third quarter valued at approximately $615,000. Finally, Citizens Financial Group Inc. RI increased its stake in Vanguard Information Technology ETF by 23.9% in the third quarter. Citizens Financial Group Inc. RI now owns 4,653 shares of the exchange traded fund’s stock valued at $3,474,000 after purchasing an additional 897 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 0.4%

VGT stock opened at $748.25 on Wednesday. The stock has a market cap of $111.97 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99. The company’s 50 day moving average is $756.50 and its two-hundred day moving average is $741.29.

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.