CCG Wealth Management LLC Lowers Stock Holdings in Vanguard Information Technology ETF $VGT

CCG Wealth Management LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 21.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 567 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. CCG Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $376,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cordant Inc. purchased a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $28,000. Smallwood Wealth Investment Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $28,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $32,000. MorganRosel Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the first quarter worth about $33,000. Finally, BankPlus Trust Department lifted its position in Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 44 shares during the period.

Vanguard Information Technology ETF Stock Down 4.1%

Shares of NYSEARCA:VGT opened at $736.33 on Friday. The company has a market cap of $108.94 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $771.58. The company has a 50-day moving average price of $717.25 and a 200 day moving average price of $643.08.

Vanguard Information Technology ETF Company 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).