NewEdge Wealth LLC Trims Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

NewEdge Wealth LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,151 shares of the exchange traded fund’s stock after selling 1,229 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $13,152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VGT. Boston Financial Mangement LLC lifted its position in shares of Vanguard Information Technology ETF by 58.7% during the third quarter. Boston Financial Mangement LLC now owns 754 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 279 shares in the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $269,000. Mutual Advisors LLC boosted its stake in Vanguard Information Technology ETF by 1.8% in the 3rd quarter. Mutual Advisors LLC now owns 11,399 shares of the exchange traded fund’s stock worth $6,829,000 after purchasing an additional 201 shares during the period. Highline Wealth Partners LLC bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth about $4,094,000. Finally, First Trust Direct Indexing L.P. grew its holdings in Vanguard Information Technology ETF by 38.8% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 551 shares of the exchange traded fund’s stock valued at $323,000 after buying an additional 154 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 0.7 %

Shares of Vanguard Information Technology ETF stock opened at $610.47 on Thursday. The company’s 50-day moving average price is $627.45 and its 200-day moving average price is $606.19. 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 $84.75 billion, a price-to-earnings ratio of 36.18 and a beta of 1.16.

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).