Moseley Investment Management Inc. Has $2.04 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Moseley Investment Management Inc. cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,288 shares of the exchange traded fund’s stock after selling 226 shares during the period. Vanguard Information Technology ETF accounts for approximately 0.8% of Moseley Investment Management Inc.’s holdings, making the stock its 27th biggest holding. Moseley Investment Management Inc.’s holdings in Vanguard Information Technology ETF were worth $2,044,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. St. Johns Investment Management Company LLC bought a new stake in Vanguard Information Technology ETF in the third quarter valued at about $30,000. Peterson Financial Group Inc. bought a new position in Vanguard Information Technology ETF during the third quarter worth about $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $32,000. Halpern Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 30 shares during the period.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $609.87 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $473.89 and a fifty-two week high of $648.66. The firm has a market capitalization of $76.79 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company’s 50 day simple moving average is $627.02 and its 200 day simple moving average is $594.15.

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).