Investment Advisory Services Inc. TX ADV Sells 5,108 Shares of Vanguard Information Technology ETF $VGT

Investment Advisory Services Inc. TX ADV trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 51.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,800 shares of the exchange traded fund’s stock after selling 5,108 shares during the period. Investment Advisory Services Inc. TX ADV’s holdings in Vanguard Information Technology ETF were worth $603,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Angeles Wealth Management LLC increased its stake in Vanguard Information Technology ETF by 7.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 4,025 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 280 shares during the period. Black Diamond Financial LLC lifted its position in Vanguard Information Technology ETF by 4.3% in the third quarter. Black Diamond Financial LLC now owns 26,447 shares of the exchange traded fund’s stock valued at $3,324,000 after purchasing an additional 1,084 shares during the last quarter. Penobscot Investment Management Company Inc. lifted its position in Vanguard Information Technology ETF by 7.0% in the third quarter. Penobscot Investment Management Company Inc. now owns 6,788 shares of the exchange traded fund’s stock valued at $853,000 after purchasing an additional 444 shares during the last quarter. Arthur M. Cohen & Associates LLC lifted its position in Vanguard Information Technology ETF by 31.7% in the third quarter. Arthur M. Cohen & Associates LLC now owns 6,815 shares of the exchange traded fund’s stock valued at $856,000 after purchasing an additional 1,639 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of Vanguard Information Technology ETF by 1.3% during the third quarter. Oppenheimer & Co. Inc. now owns 228,091 shares of the exchange traded fund’s stock valued at $28,664,000 after purchasing an additional 2,874 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $122.78 on Wednesday. The firm has a market cap of $151.03 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $130.66. The business has a 50 day moving average price of $122.36 and a 200-day moving average price of $108.90.

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). 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.