Cerity Partners LLC Lowers Position in Vanguard Information Technology ETF $VGT

Cerity Partners LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 256,353 shares of the exchange traded fund’s stock after selling 1,510 shares during the quarter. Cerity Partners LLC owned about 0.17% of Vanguard Information Technology ETF worth $191,400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. China Universal Asset Management Co. Ltd. boosted its position in shares of Vanguard Information Technology ETF by 110.5% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new stake in Vanguard Information Technology ETF in the second quarter valued at approximately $31,000. Kilter Group LLC bought a new stake in Vanguard Information Technology ETF during the second quarter valued at approximately $37,000. Sawyer & Company Inc purchased a new position in Vanguard Information Technology ETF in the 2nd quarter worth approximately $38,000. Finally, Rice Partnership LLC purchased a new position in Vanguard Information Technology ETF in the 2nd quarter worth approximately $40,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $766.49 on Wednesday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $806.99. The stock has a market cap of $114.12 billion, a P/E ratio of 34.55 and a beta of 1.25. The firm’s fifty day moving average price is $759.73 and its 200-day moving average price is $726.85.

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). 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.