Orion Porfolio Solutions LLC Cuts Stake in Vanguard Information Technology ETF $VGT

Orion Porfolio Solutions LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 20.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,200 shares of the exchange traded fund’s stock after selling 1,370 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Vanguard Information Technology ETF were worth $3,882,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Leeward Financial Partners LLC grew its position in Vanguard Information Technology ETF by 3.5% during the 3rd quarter. Leeward Financial Partners LLC now owns 23,694 shares of the exchange traded fund’s stock valued at $17,691,000 after purchasing an additional 804 shares during the last quarter. KCM Investment Advisors LLC lifted its stake in shares of Vanguard Information Technology ETF by 1.5% in the third quarter. KCM Investment Advisors LLC now owns 83,638 shares of the exchange traded fund’s stock worth $62,447,000 after buying an additional 1,211 shares in the last quarter. Kane Investment Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 2.7% during the third quarter. Kane Investment Management Inc. now owns 964 shares of the exchange traded fund’s stock valued at $720,000 after buying an additional 25 shares during the last quarter. Stonebridge Capital Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 3.6% during the third quarter. Stonebridge Capital Advisors LLC now owns 577 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 20 shares in the last quarter. Finally, Advisory Alpha LLC raised its holdings in Vanguard Information Technology ETF by 13.3% in the 3rd quarter. Advisory Alpha LLC now owns 2,422 shares of the exchange traded fund’s stock worth $1,837,000 after acquiring an additional 284 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.9%

VGT stock opened at $719.03 on Monday. The stock’s 50 day simple moving average is $746.66 and its 200 day simple moving average is $746.32. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The stock has a market capitalization of $107.60 billion, a PE ratio of 34.55 and a beta of 1.25.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.