Private Trust Co. NA Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Private Trust Co. NA lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,439 shares of the exchange traded fund’s stock after selling 93 shares during the quarter. Private Trust Co. NA’s holdings in Vanguard Information Technology ETF were worth $895,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares during the period. Principal Securities Inc. boosted its stake in Vanguard Information Technology ETF by 20.4% during the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 113 shares during the period. Carnegie Investment Counsel boosted its stake in Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 117 shares during the period. FMR LLC boosted 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 buying an additional 6,396 shares during the period. Finally, Atlantic Family Wealth LLC purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth about $4,181,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $598.48 on Friday. The company has a 50-day moving average of $626.13 and a two-hundred day moving average of $606.49. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The firm has a market cap of $83.08 billion, a PE ratio of 36.18 and a beta of 1.16.

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).