Peregrine Asset Advisers Inc. Has $2.48 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Peregrine Asset Advisers Inc. cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,989 shares of the exchange traded fund’s stock after selling 129 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Vanguard Information Technology ETF were worth $2,480,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Vanguard Information Technology ETF by 45.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the last quarter. Carnegie Investment Counsel boosted its holdings 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 last quarter. FMR LLC boosted its holdings 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 last quarter. Citigroup Inc. grew its position in shares of Vanguard Information Technology ETF by 21.2% during the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after buying an additional 7,223 shares during the period. Finally, Pathstone Holdings LLC increased its stake in shares of Vanguard Information Technology ETF by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 40,751 shares of the exchange traded fund’s stock valued at $23,902,000 after acquiring an additional 395 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $624.14 on Friday. The firm’s 50 day simple moving average is $629.41 and its 200 day simple moving average is $603.11. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The company has a market capitalization of $78.59 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).