Ascent Group LLC Reduces Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ascent Group LLC trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,656 shares of the exchange traded fund’s stock after selling 672 shares during the quarter. Ascent Group LLC’s holdings in Vanguard Information Technology ETF were worth $2,731,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. St. Johns Investment Management Company LLC purchased a new position in Vanguard Information Technology ETF in the third quarter valued at about $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $32,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $32,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $33,000.

Vanguard Information Technology ETF Trading Up 1.0 %

Shares of VGT stock opened at $628.37 on Tuesday. The stock has a market capitalization of $79.12 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm’s 50 day moving average is $602.81 and its 200 day moving average is $578.00. Vanguard Information Technology ETF has a 12 month low of $454.77 and a 12 month high of $630.67.

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).