Fortitude Advisory Group L.L.C. Sells 279 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Fortitude Advisory Group L.L.C. lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,652 shares of the exchange traded fund’s stock after selling 279 shares during the quarter. Fortitude Advisory Group L.L.C.’s holdings in Vanguard Information Technology ETF were worth $799,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bfsg LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $27,000. OLD Second National Bank of Aurora acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $29,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $36,000. Horizons Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $37,000. Finally, Northwest Capital Management Inc increased its stake in shares of Vanguard Information Technology ETF by 97.6% in the 4th quarter. Northwest Capital Management Inc now owns 81 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 40 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT traded down $5.36 during midday trading on Wednesday, hitting $489.37. The stock had a trading volume of 405,255 shares, compared to its average volume of 489,146. The company’s 50-day simple moving average is $514.64 and its 200 day simple moving average is $485.03. The firm has a market cap of $61.62 billion, a P/E ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a fifty-two week low of $374.85 and a fifty-two week high of $536.63.

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).