Moloney Securities Asset Management LLC Cuts Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Moloney Securities Asset Management LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 845 shares of the exchange traded fund’s stock after selling 50 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $487,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Signature Resources Capital Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $28,000. Richardson Capital Management LLC purchased a new stake in Vanguard Information Technology ETF in the first quarter valued at approximately $29,000. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $32,000. Opal Wealth Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 1st quarter worth $34,000. Finally, MTM Investment Management LLC purchased a new stake in Vanguard Information Technology ETF during the first quarter valued at about $35,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $573.97 on Friday. The company has a market cap of $72.27 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $397.76 and a 1 year high of $609.15. The firm has a 50 day moving average price of $570.73 and a 200 day moving average price of $541.33.

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).