Western Wealth Management LLC Sells 13,546 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Western Wealth Management LLC decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 92.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,065 shares of the exchange traded fund’s stock after selling 13,546 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $662,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of VGT. JPMorgan Chase & Co. increased its position in shares of Vanguard Information Technology ETF by 4.9% in the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock worth $3,585,273,000 after purchasing an additional 271,622 shares during the period. Wells Fargo & Company MN grew its stake 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 buying an additional 144,217 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard Information Technology ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock worth $824,430,000 after buying an additional 137,134 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard Information Technology ETF by 39,912.0% in the 4th 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 during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $494,903,000.

Vanguard Information Technology ETF Trading Down 1.2%

Shares of Vanguard Information Technology ETF stock opened at $595.09 on Friday. The company has a market cap of $83.61 billion, a PE ratio of 33.98 and a beta of 1.24. The company has a 50 day moving average of $550.20 and a 200-day moving average of $594.88. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76.

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).