D.A. Davidson & CO. Decreases Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

D.A. Davidson & CO. cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 12,144 shares of the exchange traded fund’s stock after selling 192 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Information Technology ETF were worth $7,551,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after buying an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after acquiring an additional 1,229,688 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Information Technology ETF by 2.3% in the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after acquiring an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after acquiring an additional 510,798 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after acquiring an additional 15,742 shares during the period.

Vanguard Information Technology ETF Stock Down 0.1 %

Shares of VGT stock opened at $643.66 on Thursday. The company has a 50 day moving average price of $629.26 and a 200-day moving average price of $602.56. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The firm has a market capitalization of $81.05 billion, a PE ratio of 36.30 and a beta of 1.41.

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).