Advisor Resource Council Reduces Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Advisor Resource Council decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 86.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,534 shares of the exchange traded fund’s stock after selling 9,947 shares during the period. Advisor Resource Council’s holdings in Vanguard Information Technology ETF were worth $742,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bfsg LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $27,000. Signature Resources Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $28,000. OLD Second National Bank of Aurora acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. Richardson Capital Management LLC acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $29,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at about $34,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded up $6.77 during midday trading on Thursday, hitting $592.89. The company’s stock had a trading volume of 378,047 shares, compared to its average volume of 456,245. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $593.10. The firm’s fifty day moving average price is $543.23 and its 200-day moving average price is $518.16. The firm has a market cap of $74.66 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).