MontVue Capital Management Inc. Cuts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

MontVue Capital Management Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,488 shares of the exchange traded fund’s stock after selling 32 shares during the period. Vanguard Information Technology ETF makes up approximately 3.1% of MontVue Capital Management Inc.’s holdings, making the stock its 7th biggest position. MontVue Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $4,034,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in VGT. SG Americas Securities LLC acquired a new position in Vanguard Information Technology ETF in the 3rd quarter valued at $110,000. Procyon Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 14.6% in the third quarter. Procyon Advisors LLC now owns 729 shares of the exchange traded fund’s stock valued at $428,000 after purchasing an additional 93 shares during the last quarter. Keystone Wealth Services LLC increased its stake in shares of Vanguard Information Technology ETF by 40.3% in the third quarter. Keystone Wealth Services LLC now owns 526 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 151 shares during the period. IFS Advisors LLC lifted its position in shares of Vanguard Information Technology ETF by 1.6% during the 3rd quarter. IFS Advisors LLC now owns 21,406 shares of the exchange traded fund’s stock worth $12,556,000 after purchasing an additional 337 shares during the last quarter. Finally, Safeguard Financial LLC boosted its stake in Vanguard Information Technology ETF by 15.4% during the 3rd quarter. Safeguard Financial LLC now owns 2,191 shares of the exchange traded fund’s stock valued at $1,285,000 after purchasing an additional 292 shares during the period.

Vanguard Information Technology ETF Stock Down 0.1 %

Shares of NYSEARCA VGT opened at $627.22 on Thursday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The company has a market cap of $78.98 billion, a P/E ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $629.51 and its two-hundred day moving average is $599.53.

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).