Alpha Cubed Investments LLC Cuts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Alpha Cubed Investments LLC trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,215 shares of the exchange traded fund’s stock after selling 56 shares during the period. Alpha Cubed Investments LLC’s holdings in Vanguard Information Technology ETF were worth $713,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cardinal Point Capital Management ULC grew its stake in shares of Vanguard Information Technology ETF by 28.8% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 1,208 shares of the exchange traded fund’s stock worth $710,000 after buying an additional 270 shares in the last quarter. Aprio Wealth Management LLC grew its stake in shares of Vanguard Information Technology ETF by 132.2% in the 3rd quarter. Aprio Wealth Management LLC now owns 938 shares of the exchange traded fund’s stock worth $550,000 after buying an additional 534 shares in the last quarter. Affinity Capital Advisors LLC grew its stake in shares of Vanguard Information Technology ETF by 40.6% in the 3rd quarter. Affinity Capital Advisors LLC now owns 1,187 shares of the exchange traded fund’s stock worth $696,000 after buying an additional 343 shares in the last quarter. Ignite Planners LLC grew its stake in shares of Vanguard Information Technology ETF by 12.7% in the 3rd quarter. Ignite Planners LLC now owns 6,362 shares of the exchange traded fund’s stock worth $3,731,000 after buying an additional 716 shares in the last quarter. Finally, SignalPoint Asset Management LLC grew its stake in shares of Vanguard Information Technology ETF by 53.3% in the 3rd quarter. SignalPoint Asset Management LLC now owns 2,235 shares of the exchange traded fund’s stock worth $1,307,000 after buying an additional 777 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.8 %

Shares of NYSEARCA:VGT opened at $591.43 on Wednesday. Vanguard Information Technology ETF has a 52 week low of $397.76 and a 52 week high of $609.15. The stock has a market capitalization of $74.47 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm has a fifty day simple moving average of $562.90 and a two-hundred day simple moving average of $550.95.

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).