Vanguard Information Technology ETF $VGT Holdings Lessened by Marotta Asset Management

Marotta Asset Management decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,684 shares of the exchange traded fund’s stock after selling 6,337 shares during the quarter. Vanguard Information Technology ETF accounts for about 6.7% of Marotta Asset Management’s investment portfolio, making the stock its 2nd largest position. Marotta Asset Management’s holdings in Vanguard Information Technology ETF were worth $33,618,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anfield Capital Management LLC increased its position in Vanguard Information Technology ETF by 10.6% during the first quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock valued at $96,000 after acquiring an additional 17 shares during the last quarter. National Wealth Management Group LLC increased its position in Vanguard Information Technology ETF by 0.4% during the first quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock valued at $2,215,000 after acquiring an additional 17 shares during the last quarter. TriaGen Wealth Management LLC increased its position in Vanguard Information Technology ETF by 3.8% during the first quarter. TriaGen Wealth Management LLC now owns 490 shares of the exchange traded fund’s stock valued at $266,000 after acquiring an additional 18 shares during the last quarter. Accretive Wealth Partners LLC increased its position in Vanguard Information Technology ETF by 1.6% during the first quarter. Accretive Wealth Partners LLC now owns 1,211 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 19 shares during the last quarter. Finally, Procyon Advisors LLC increased its position in Vanguard Information Technology ETF by 2.7% during the first quarter. Procyon Advisors LLC now owns 753 shares of the exchange traded fund’s stock valued at $409,000 after acquiring an additional 20 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.1%

Shares of VGT opened at $719.57 on Friday. The firm has a market capitalization of $102.14 billion, a P/E ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $721.45. The firm has a fifty day moving average price of $691.76 and a 200-day moving average price of $618.49.

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).