Gleason Group Inc. Decreases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Gleason Group Inc. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 23.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58 shares of the exchange traded fund’s stock after selling 18 shares during the quarter. Gleason Group Inc.’s holdings in Vanguard Information Technology ETF were worth $34,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC purchased a new position in Vanguard Information Technology ETF in the 4th quarter valued at $52,000. Goldman Sachs Group Inc. boosted its position in Vanguard Information Technology ETF by 6.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 101,817 shares of the exchange traded fund’s stock worth $49,279,000 after acquiring an additional 6,336 shares during the last quarter. NBC Securities Inc. raised its position in Vanguard Information Technology ETF by 15.1% in the first quarter. NBC Securities Inc. now owns 2,860 shares of the exchange traded fund’s stock valued at $1,499,000 after purchasing an additional 376 shares during the period. Atlas Brown Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 1st quarter valued at $237,000. Finally, Ferguson Wellman Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 16.8% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 765 shares of the exchange traded fund’s stock worth $401,000 after purchasing an additional 110 shares during the period.

Vanguard Information Technology ETF Trading Up 0.5 %

Shares of NYSEARCA:VGT opened at $599.80 on Wednesday. The company has a market capitalization of $75.53 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $610.06. The business has a 50-day moving average price of $570.08 and a 200 day moving average price of $554.07.

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).