Corbyn Investment Management Inc. MD Sells 59 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Corbyn Investment Management Inc. MD cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,066 shares of the exchange traded fund’s stock after selling 59 shares during the quarter. Corbyn Investment Management Inc. MD’s holdings in Vanguard Information Technology ETF were worth $1,000,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cooper Financial Group bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth approximately $234,000. Patriot Financial Group Insurance Agency LLC grew its position in Vanguard Information Technology ETF by 19.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock worth $457,000 after purchasing an additional 153 shares during the period. Ritholtz Wealth Management raised its stake in Vanguard Information Technology ETF by 2.7% during the 4th quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock valued at $828,000 after buying an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 23.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock valued at $1,473,000 after buying an additional 584 shares during the period. Finally, Altfest L J & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $243,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT traded up $9.98 during trading on Friday, hitting $505.42. The company’s stock had a trading volume of 260,792 shares, compared to its average volume of 492,336. The firm has a market cap of $63.64 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. The company has a 50-day moving average of $514.97 and a 200-day moving average of $482.69. Vanguard Information Technology ETF has a 12 month low of $374.52 and a 12 month high of $536.63.

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).