Cutler Investment Counsel LLC Sells 300 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Cutler Investment Counsel LLC lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,716 shares of the exchange traded fund’s stock after selling 300 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Information Technology ETF were worth $1,008,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Wulff Hansen & CO. increased its position in shares of Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard Information Technology ETF by 54,658.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,506,958 shares of the exchange traded fund’s stock worth $868,897,000 after purchasing an additional 1,504,206 shares in the last quarter. Liberty Wealth Management LLC lifted its holdings in shares of Vanguard Information Technology ETF by 6,873.3% in the second quarter. Liberty Wealth Management LLC now owns 312,055 shares of the exchange traded fund’s stock valued at $179,928,000 after purchasing an additional 307,580 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Vanguard Information Technology ETF by 665.9% during the first quarter. Cetera Investment Advisers now owns 236,855 shares of the exchange traded fund’s stock worth $124,193,000 after buying an additional 205,928 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Information Technology ETF by 263.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock worth $98,572,000 after buying an additional 123,866 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT traded down $15.03 during trading hours on Friday, reaching $602.95. 614,337 shares of the stock were exchanged, compared to its average volume of 462,277. The firm has a 50 day moving average of $591.06 and a 200 day moving average of $569.16. The stock has a market cap of $75.92 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $452.47 and a twelve month high of $626.45.

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).