Valmark Advisers Inc. Has $1.78 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Valmark Advisers Inc. lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,667 shares of the exchange traded fund’s stock after selling 245 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Information Technology ETF were worth $1,775,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. National Bank of Canada FI increased its holdings in shares of Vanguard Information Technology ETF by 16.6% in the 3rd quarter. National Bank of Canada FI now owns 939 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 134 shares during the period. Progressive Investment Management Corp increased its holdings in shares of Vanguard Information Technology ETF by 8.1% in the 3rd quarter. Progressive Investment Management Corp now owns 757 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 57 shares during the period. Zullo Investment Group Inc. increased its holdings in shares of Vanguard Information Technology ETF by 1.1% in the 3rd quarter. Zullo Investment Group Inc. now owns 2,477 shares of the exchange traded fund’s stock valued at $1,028,000 after purchasing an additional 26 shares during the period. Accel Wealth Management acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $220,000. Finally, Evanson Asset Management LLC increased its holdings in shares of Vanguard Information Technology ETF by 2.1% in the 3rd quarter. Evanson Asset Management LLC now owns 2,389 shares of the exchange traded fund’s stock valued at $991,000 after purchasing an additional 48 shares during the period.

Vanguard Information Technology ETF Stock Up 1.7 %

Shares of VGT traded up $8.50 during trading hours on Friday, reaching $503.94. The company’s stock had a trading volume of 364,431 shares, compared to its average volume of 493,722. The firm has a market cap of $63.46 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 1-year low of $374.52 and a 1-year high of $536.63. The company has a 50 day moving average of $514.86 and a two-hundred day moving average of $483.23.

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).