Tortoise Investment Management LLC Reduces Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Tortoise Investment Management LLC reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 267 shares of the exchange traded fund’s stock after selling 30 shares during the quarter. Tortoise Investment Management LLC’s holdings in Vanguard Information Technology ETF were worth $166,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VGT. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at $30,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Kentucky Trust Co bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $31,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Vanguard Information Technology ETF by 107.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 30 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $550.07 on Tuesday. The business has a 50-day moving average price of $618.20 and a 200 day moving average price of $607.09. The company has a market capitalization of $76.36 billion, a P/E ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76.

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).