Werba Rubin Papier Wealth Management Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Werba Rubin Papier Wealth Management lessened its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,252 shares of the exchange traded fund’s stock after selling 35 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Vanguard Information Technology ETF were worth $778,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF during the third quarter worth about $30,000. Finally, Coastline Trust Co acquired a new stake in Vanguard Information Technology ETF in the third quarter valued at about $32,000.

Vanguard Information Technology ETF Trading Up 0.7 %

NYSEARCA VGT opened at $644.10 on Wednesday. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The stock has a market capitalization of $81.11 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average is $628.98 and its two-hundred day moving average is $601.79.

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).