Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Fonville Wealth Management LLC

Fonville Wealth Management LLC cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,042 shares of the exchange traded fund’s stock after selling 198 shares during the quarter. Fonville Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,270,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VGT. JPMorgan Chase & Co. grew its stake in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after acquiring an additional 501,703 shares during the period. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. LPL Financial LLC grew its position in shares of Vanguard Information Technology ETF by 2.3% in the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in Vanguard Information Technology ETF by 311.5% in the fourth 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 last quarter. Finally, Stifel Financial Corp lifted its position in Vanguard Information Technology ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after buying an additional 15,742 shares during the period.

Vanguard Information Technology ETF Trading Down 1.0 %

Shares of NYSEARCA:VGT opened at $621.05 on Monday. The firm has a market cap of $78.20 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock’s 50-day moving average price is $629.57 and its two-hundred day moving average price is $598.28. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month 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).