Joule Financial LLC Decreases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Joule Financial LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,594 shares of the exchange traded fund’s stock after selling 2,945 shares during the quarter. Vanguard Information Technology ETF comprises approximately 0.8% of Joule Financial LLC’s investment portfolio, making the stock its 20th biggest holding. Joule Financial LLC’s holdings in Vanguard Information Technology ETF were worth $2,111,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 6.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 101,817 shares of the exchange traded fund’s stock valued at $49,279,000 after acquiring an additional 6,336 shares during the last quarter. BCS Wealth Management acquired a new stake in Vanguard Information Technology ETF during the first quarter worth about $233,000. Apella Capital LLC raised its position in Vanguard Information Technology ETF by 3.0% during the first quarter. Apella Capital LLC now owns 799 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 23 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Vanguard Information Technology ETF by 63.7% in the first quarter. Park Avenue Securities LLC now owns 1,879 shares of the exchange traded fund’s stock valued at $985,000 after acquiring an additional 731 shares during the period. Finally, Stonebridge Capital Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at approximately $212,000.

Vanguard Information Technology ETF Trading Up 0.4 %

VGT traded up $2.68 on Friday, reaching $604.17. The stock had a trading volume of 66,985 shares, compared to its average volume of 462,478. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $610.06. The company has a market cap of $76.08 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50-day moving average price is $573.15 and its two-hundred day moving average price is $554.71.

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).