Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Penobscot Wealth Management

Penobscot Wealth Management lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,521 shares of the exchange traded fund’s stock after selling 99 shares during the quarter. Vanguard Information Technology ETF makes up about 1.5% of Penobscot Wealth Management’s holdings, making the stock its 18th largest holding. Penobscot Wealth Management’s holdings in Vanguard Information Technology ETF were worth $2,188,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bfsg LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $27,000. OLD Second National Bank of Aurora purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $36,000. Aspire Private Capital LLC purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $37,000. Finally, Horizons Wealth Management purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $37,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock traded up $0.20 during trading hours on Thursday, reaching $495.44. The company had a trading volume of 476,229 shares, compared to its average volume of 495,314. The stock has a fifty day moving average of $514.97 and a 200-day moving average of $482.69. The company has a market capitalization of $62.39 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 12-month low of $372.38 and a 12-month high of $536.63.

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).