Allied Investment Advisors LLC Has $1.30 Million Holdings in Vanguard Information Technology ETF $VGT

Allied Investment Advisors LLC cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,966 shares of the exchange traded fund’s stock after selling 221 shares during the quarter. Allied Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,304,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $32,000. MorganRosel Wealth Management LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at about $33,000. BankPlus Trust Department lifted its holdings in shares of Vanguard Information Technology ETF by 169.2% during the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 44 shares during the last quarter. Finally, Sawyer & Company Inc acquired a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at about $38,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $774.14 on Friday. The stock’s 50 day simple moving average is $729.21 and its 200 day simple moving average is $658.56. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $776.40. The company has a market capitalization of $114.53 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).