Selective Wealth Management Inc. Has $834,000 Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Selective Wealth Management Inc. lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,368 shares of the exchange traded fund’s stock after selling 184 shares during the period. Selective Wealth Management Inc.’s holdings in Vanguard Information Technology ETF were worth $834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Vanguard Information Technology ETF by 10.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after acquiring an additional 501,703 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Information Technology ETF by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock valued at $292,185,000 after buying an additional 17,933 shares during the period. Stifel Financial Corp raised its holdings in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock valued at $228,842,000 after buying an additional 15,742 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock worth $194,842,000 after buying an additional 3,774 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $627.47 on Friday. The firm has a 50 day moving average price of $627.09 and a two-hundred day moving average price of $594.52. The stock has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.66.

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).