Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Idaho Trust Bank

Idaho Trust Bank trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,795 shares of the exchange traded fund’s stock after selling 1,076 shares during the period. Vanguard Information Technology ETF accounts for about 2.0% of Idaho Trust Bank’s investment portfolio, making the stock its 18th biggest holding. Idaho Trust Bank’s holdings in Vanguard Information Technology ETF were worth $3,918,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Triad Wealth Partners LLC bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at approximately $32,000. Richardson Capital Management LLC acquired a new position in Vanguard Information Technology ETF in the first quarter worth $29,000. Bell Investment Advisors Inc bought a new stake in Vanguard Information Technology ETF during the second quarter valued at $33,000. Family Firm Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the second quarter worth $35,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth about $34,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $561.58 on Thursday. Vanguard Information Technology ETF has a one year low of $397.76 and a one year high of $609.15. The company has a 50-day simple moving average of $565.99 and a 200-day simple moving average of $543.80. The firm has a market capitalization of $70.71 billion, a PE ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

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).