NewEdge Wealth LLC Sells 1,229 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

NewEdge Wealth LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,151 shares of the exchange traded fund’s stock after selling 1,229 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $13,152,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of 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 buying an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC raised its position in Vanguard Information Technology ETF by 39,912.0% in 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 acquiring an additional 1,229,688 shares during the period. LPL Financial LLC boosted its stake in 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 acquiring an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Vanguard Information Technology ETF by 311.5% during the 4th 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 acquiring an additional 510,798 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of Vanguard Information Technology ETF by 4.2% during the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 0.7 %

NYSEARCA:VGT opened at $610.47 on Thursday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The firm’s 50 day moving average is $627.45 and its 200 day moving average is $606.19. The stock has a market capitalization of $84.75 billion, a PE ratio of 36.18 and a beta of 1.16.

Vanguard Information Technology ETF Company 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).