Ferguson Wellman Capital Management Inc. Has $346,000 Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ferguson Wellman Capital Management Inc. reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 22.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 590 shares of the exchange traded fund’s stock after selling 175 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $346,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VGT. Cahaba Wealth Management Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $301,000. Bartlett & CO. Wealth Management LLC increased its position in Vanguard Information Technology ETF by 2.6% during the third quarter. Bartlett & CO. Wealth Management LLC now owns 8,194 shares of the exchange traded fund’s stock worth $4,813,000 after buying an additional 204 shares during the last quarter. Capital Investment Advisors LLC raised its stake in Vanguard Information Technology ETF by 5.8% in the third quarter. Capital Investment Advisors LLC now owns 1,668 shares of the exchange traded fund’s stock valued at $978,000 after buying an additional 91 shares during the period. Blue Trust Inc. lifted its position in shares of Vanguard Information Technology ETF by 31.1% in the third quarter. Blue Trust Inc. now owns 754 shares of the exchange traded fund’s stock valued at $435,000 after buying an additional 179 shares during the last quarter. Finally, Raub Brock Capital Management LP acquired a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $203,000.

Vanguard Information Technology ETF Trading Up 0.3 %

VGT stock opened at $603.56 on Friday. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $610.06. The business’s 50 day simple moving average is $574.51 and its 200 day simple moving average is $555.49. The firm has a market capitalization of $76.00 billion, a PE ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).