Cornerstone Wealth Management LLC Sells 27 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Cornerstone Wealth Management LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,741 shares of the exchange traded fund’s stock after selling 27 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thrivent Financial for Lutherans raised its holdings in Vanguard Information Technology ETF by 0.9% during the second quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock valued at $2,343,000 after buying an additional 37 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Vanguard Information Technology ETF by 187.7% during the 2nd quarter. Marshall Wace LLP now owns 5,521 shares of the exchange traded fund’s stock valued at $3,183,000 after acquiring an additional 3,602 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of Vanguard Information Technology ETF by 19.4% in the 2nd quarter. Squarepoint Ops LLC now owns 2,966 shares of the exchange traded fund’s stock valued at $1,710,000 after acquiring an additional 481 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Vanguard Information Technology ETF by 44.2% in the 2nd quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock worth $527,000 after purchasing an additional 280 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC bought a new stake in Vanguard Information Technology ETF during the second quarter worth approximately $5,470,000.

Vanguard Information Technology ETF Stock Up 0.2 %

Shares of VGT stock opened at $646.34 on Friday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The company has a market cap of $81.39 billion, a PE ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $627.96 and its two-hundred day moving average is $595.76.

About Vanguard Information Technology ETF

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).