Corbyn Investment Management Inc. MD Sells 385 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Corbyn Investment Management Inc. MD trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,588 shares of the exchange traded fund’s stock after selling 385 shares during the quarter. Corbyn Investment Management Inc. MD’s holdings in Vanguard Information Technology ETF were worth $916,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VGT. Heritage Wealth Partners LLC raised its stake in Vanguard Information Technology ETF by 4.3% in the 2nd quarter. Heritage Wealth Partners LLC now owns 465 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 19 shares during the period. Embree Financial Group increased its position in Vanguard Information Technology ETF by 0.9% during the 2nd quarter. Embree Financial Group now owns 2,309 shares of the exchange traded fund’s stock worth $1,331,000 after buying an additional 20 shares during the period. GAMMA Investing LLC increased its position in Vanguard Information Technology ETF by 15.0% during the 2nd quarter. GAMMA Investing LLC now owns 161 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 21 shares during the period. Cooper Financial Group increased its position in Vanguard Information Technology ETF by 3.8% during the 2nd quarter. Cooper Financial Group now owns 568 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 21 shares during the period. Finally, Slagle Financial LLC increased its position in Vanguard Information Technology ETF by 5.1% during the 2nd quarter. Slagle Financial LLC now owns 429 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 21 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $533.17 on Friday. The firm has a market cap of $67.14 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $397.76 and a 52-week high of $609.15. The business’s fifty day moving average is $568.26 and its 200-day moving average is $542.95.

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).