SignalPoint Asset Management LLC Has $1.16 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

SignalPoint Asset Management LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,866 shares of the exchange traded fund’s stock after selling 369 shares during the period. SignalPoint Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,160,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in Vanguard Information Technology ETF by 263.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 170,957 shares of the exchange traded fund’s stock valued at $98,572,000 after acquiring an additional 123,866 shares during the period. Sanctuary Advisors LLC acquired a new position in Vanguard Information Technology ETF in the second quarter valued at about $55,988,000. SteelPeak Wealth LLC grew its stake in Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after acquiring an additional 60,205 shares during the period. Finally, Royal Fund Management LLC grew its stake in Vanguard Information Technology ETF by 258.7% in the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock valued at $31,971,000 after acquiring an additional 39,126 shares during the period.

Vanguard Information Technology ETF Trading Up 2.2 %

NYSEARCA:VGT opened at $623.39 on Thursday. Vanguard Information Technology ETF has a 1 year low of $473.89 and a 1 year high of $648.66. The stock has a market cap of $78.50 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock has a 50-day moving average price of $627.02 and a two-hundred day moving average price of $594.15.

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).