Adamsbrown Wealth Consultants LLC Sells 42 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Adamsbrown Wealth Consultants LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 513 shares of the exchange traded fund’s stock after selling 42 shares during the period. Adamsbrown Wealth Consultants LLC’s holdings in Vanguard Information Technology ETF were worth $319,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Valley National Advisers Inc. raised its position in Vanguard Information Technology ETF by 4.2% in the fourth quarter. Valley National Advisers Inc. now owns 8,748 shares of the exchange traded fund’s stock worth $5,439,000 after purchasing an additional 349 shares in the last quarter. Level Wealth Management LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter worth about $1,438,000. McAdam LLC increased its holdings in shares of Vanguard Information Technology ETF by 0.8% during the fourth quarter. McAdam LLC now owns 6,316 shares of the exchange traded fund’s stock worth $3,927,000 after buying an additional 52 shares in the last quarter. Pacific Sage Partners LLC acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $255,000. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of Vanguard Information Technology ETF by 97.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 8,509 shares of the exchange traded fund’s stock worth $5,291,000 after buying an additional 4,209 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.5 %

NYSEARCA VGT opened at $616.61 on Monday. The firm has a market cap of $77.64 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The company has a 50 day moving average of $629.64 and a 200-day moving average of $596.92. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76.

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).