Grey Ledge Advisors LLC Sells 970 Shares of Vanguard Information Technology ETF $VGT

Grey Ledge Advisors LLC reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 65.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 509 shares of the exchange traded fund’s stock after selling 970 shares during the period. Grey Ledge Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $380,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its position in 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 purchasing an additional 21 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter valued at $31,000. Kilter Group LLC bought a new stake in Vanguard Information Technology ETF in the 2nd quarter worth about $37,000. Sawyer & Company Inc purchased a new position in Vanguard Information Technology ETF in the 2nd quarter worth about $38,000. Finally, Rice Partnership LLC purchased a new position in Vanguard Information Technology ETF in the 2nd quarter worth about $40,000.

Vanguard Information Technology ETF Stock Up 0.3%

Shares of NYSEARCA VGT opened at $755.98 on Friday. The firm’s 50-day moving average price is $760.93 and its 200-day moving average price is $724.34. The company has a market cap of $111.85 billion, a PE ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

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.