Lake Street Private Wealth LLC Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lake Street Private Wealth LLC trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,285 shares of the exchange traded fund’s stock after selling 31 shares during the period. Lake Street Private Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $799,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. St. Johns Investment Management Company LLC purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth approximately $32,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter worth $33,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $627.47 on Friday. The firm has a market cap of $79.01 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s fifty day moving average price is $627.09 and its 200 day moving average price is $594.52. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.66.

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).