Affiance Financial LLC Sells 16 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Affiance Financial LLC lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,669 shares of the exchange traded fund’s stock after selling 16 shares during the quarter. Affiance Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,660,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VGT. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Information Technology ETF by 10.0% during the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Vanguard Information Technology ETF in the second quarter worth about $55,988,000. SteelPeak Wealth LLC raised its position in shares of Vanguard Information Technology ETF by 2,097.0% in the 3rd quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after acquiring an additional 60,205 shares in the last quarter. Finally, Royal Fund Management LLC grew its stake in Vanguard Information Technology ETF by 258.7% in the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock worth $31,971,000 after purchasing an additional 39,126 shares during the period.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $640.13 on Friday. The company has a 50 day simple moving average of $629.27 and a two-hundred day simple moving average of $596.39. The company has a market capitalization of $80.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76.

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).