Bouchey Financial Group Ltd Lowers Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bouchey Financial Group Ltd trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,147 shares of the exchange traded fund’s stock after selling 373 shares during the quarter. Vanguard Information Technology ETF makes up approximately 0.9% of Bouchey Financial Group Ltd’s portfolio, making the stock its 20th biggest holding. Bouchey Financial Group Ltd’s holdings in Vanguard Information Technology ETF were worth $10,662,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Corbyn Investment Management Inc. MD increased its position in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after purchasing an additional 17 shares during the last quarter. Sovereign Financial Group Inc. increased its position in shares of Vanguard Information Technology ETF by 0.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after purchasing an additional 17 shares during the last quarter. Americana Partners LLC increased its position in shares of Vanguard Information Technology ETF by 1.2% in the third quarter. Americana Partners LLC now owns 1,645 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 19 shares during the last quarter. Guidance Point Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 3.7% in the third quarter. Guidance Point Advisors LLC now owns 532 shares of the exchange traded fund’s stock worth $312,000 after purchasing an additional 19 shares during the last quarter. Finally, Sonata Capital Group Inc. increased its position in shares of Vanguard Information Technology ETF by 2.6% in the third quarter. Sonata Capital Group Inc. now owns 739 shares of the exchange traded fund’s stock worth $433,000 after purchasing an additional 19 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 3.5 %

VGT stock opened at $588.97 on Friday. The company’s 50 day moving average is $626.80 and its 200 day moving average is $606.07. The stock has a market cap of $81.76 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76.

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).