D.A. Davidson & CO. Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

D.A. Davidson & CO. lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,144 shares of the exchange traded fund’s stock after selling 192 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Information Technology ETF were worth $7,551,000 at the end of the most recent quarter.

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

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $643.66 on Thursday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The firm’s fifty day moving average is $629.26 and its 200 day moving average is $602.56. The firm has a market cap of $81.05 billion, a P/E 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).