Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Cut by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 1.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,156 shares of the exchange traded fund’s stock after selling 36 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Information Technology ETF were worth $1,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of VGT. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth about $30,000. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Coastline Trust Co bought a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Halpern Financial Inc. bought a new position in Vanguard Information Technology ETF during the third quarter valued at approximately $33,000.

Vanguard Information Technology ETF Stock Up 0.0 %

VGT stock opened at $619.90 on Friday. The company has a market capitalization of $78.06 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a 50 day moving average of $629.73 and a two-hundred day moving average of $596.72. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76.

Vanguard Information Technology ETF Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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