Northeast Financial Consultants Inc Lowers Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Northeast Financial Consultants Inc decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 34.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,756 shares of the exchange traded fund’s stock after selling 930 shares during the period. Northeast Financial Consultants Inc’s holdings in Vanguard Information Technology ETF were worth $1,092,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Vanguard Information Technology ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after acquiring an additional 271,622 shares during the period. Wells Fargo & Company MN boosted its position in Vanguard Information Technology ETF by 10.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock worth $941,773,000 after purchasing an additional 144,217 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Information Technology ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock valued at $824,430,000 after purchasing an additional 137,134 shares during the period. Strategic Financial Concepts LLC increased its position in shares of 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 valued at $766,536,000 after buying an additional 1,229,688 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $494,903,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $611.49 on Wednesday. The business’s 50 day moving average price is $542.00 and its 200-day moving average price is $594.08. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $648.76. The firm has a market capitalization of $85.91 billion, a price-to-earnings ratio of 33.98 and a beta of 1.24.

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).