Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Marotta Asset Management

Marotta Asset Management lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,541 shares of the exchange traded fund’s stock after selling 3,480 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 7.0% of Marotta Asset Management’s investment portfolio, making the stock its 2nd biggest position. Marotta Asset Management’s holdings in Vanguard Information Technology ETF were worth $33,267,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Elevation Capital Advisory LLC bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter worth $1,983,000. FMR LLC raised its stake in Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after acquiring an additional 6,396 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 21.2% in the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after acquiring an additional 7,223 shares during the last quarter. Wulff Hansen & CO. boosted its stake in shares of Vanguard Information Technology ETF by 56,640.2% in the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after purchasing an additional 5,331,540 shares in the last quarter. Finally, Northstar Group Inc. boosted its stake in shares of Vanguard Information Technology ETF by 3.9% in the 3rd quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock valued at $393,000 after purchasing an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 2.3 %

Shares of NYSEARCA:VGT traded down $14.67 during trading on Friday, hitting $612.13. 256,550 shares of the company were exchanged, compared to its average volume of 561,115. The business’s 50 day moving average is $625.73 and its 200-day moving average is $593.13. The company has a market capitalization of $77.08 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1-year low of $473.89 and a 1-year high of $648.66.

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).