Regent Peak Wealth Advisors LLC Cuts Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Regent Peak Wealth Advisors LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.8% in the third quarter, HoldingsChannel.com reports. The firm owned 2,505 shares of the exchange traded fund’s stock after selling 212 shares during the quarter. Regent Peak Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,469,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $32,000. Richardson Capital Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth about $29,000. Bell Investment Advisors Inc acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter valued at about $33,000. Halpern Financial Inc. acquired a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at about $33,000. Finally, Family Firm Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $35,000.

Vanguard Information Technology ETF Stock Up 0.0 %

Shares of VGT traded up $0.17 during mid-day trading on Wednesday, reaching $597.09. 138,996 shares of the company’s stock were exchanged, compared to its average volume of 464,169. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $610.06. The company has a 50-day simple moving average of $570.08 and a two-hundred day simple moving average of $554.07. The company has a market cap of $75.19 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).