Birchcreek Wealth Management LLC Reduces Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Birchcreek Wealth Management LLC reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,934 shares of the exchange traded fund’s stock after selling 632 shares during the period. Vanguard Information Technology ETF makes up about 1.9% of Birchcreek Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Birchcreek Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $3,068,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. World Equity Group Inc. increased its position in shares of Vanguard Information Technology ETF by 104.4% during the fourth quarter. World Equity Group Inc. now owns 934 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 477 shares during the period. Delta Financial Group Inc. increased its position in shares of Vanguard Information Technology ETF by 1.1% during the fourth quarter. Delta Financial Group Inc. now owns 17,064 shares of the exchange traded fund’s stock valued at $10,610,000 after purchasing an additional 179 shares during the period. Ascent Wealth Partners LLC increased its position in shares of Vanguard Information Technology ETF by 120.3% during the fourth quarter. Ascent Wealth Partners LLC now owns 2,240 shares of the exchange traded fund’s stock valued at $1,393,000 after purchasing an additional 1,223 shares during the period. Atlantic Family Wealth LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $4,181,000. Finally, Stevens Capital Partners increased its position in shares of Vanguard Information Technology ETF by 24.0% during the fourth quarter. Stevens Capital Partners now owns 1,009 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 195 shares during the period.

Vanguard Information Technology ETF Trading Down 2.7 %

VGT opened at $624.14 on Monday. The stock has a market cap of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The stock’s 50 day simple moving average is $629.09 and its 200-day simple moving average is $605.08.

Vanguard Information Technology ETF Company 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).