Folger Nolan Fleming Douglas Capital Management Inc. Sells 1,425 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 181,920 shares of the exchange traded fund’s stock after selling 1,425 shares during the quarter. Vanguard Information Technology ETF makes up about 11.9% of Folger Nolan Fleming Douglas Capital Management Inc.’s portfolio, making the stock its biggest holding. Folger Nolan Fleming Douglas Capital Management Inc. owned 0.14% of Vanguard Information Technology ETF worth $113,118,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF in the third quarter worth about $30,000. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $30,000. Coastline Trust Co purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at about $32,000. Finally, Halpern Financial Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $33,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $627.47 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.66. The firm has a market capitalization of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock’s fifty day moving average is $627.09 and its two-hundred day moving average is $594.52.

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).