Bank Pictet & Cie Europe AG Sells 5,481 Shares of Vanguard Information Technology ETF $VGT

Bank Pictet & Cie Europe AG lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 46.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,442 shares of the exchange traded fund’s stock after selling 5,481 shares during the period. Bank Pictet & Cie Europe AG’s holdings in Vanguard Information Technology ETF were worth $810,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of VGT. Keudell Morrison Wealth Management boosted its stake in Vanguard Information Technology ETF by 3.9% in the first quarter. Keudell Morrison Wealth Management now owns 805 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 30 shares in the last quarter. Hilton Head Capital Partners LLC grew its position in Vanguard Information Technology ETF by 3.3% in the first quarter. Hilton Head Capital Partners LLC now owns 990 shares of the exchange traded fund’s stock valued at $691,000 after acquiring an additional 32 shares during the last quarter. AdvisorNet Financial Inc grew its position in Vanguard Information Technology ETF by 4.7% in the first quarter. AdvisorNet Financial Inc now owns 708 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 32 shares during the last quarter. Aegis Wealth Management Inc. raised its stake in Vanguard Information Technology ETF by 3.9% during the first quarter. Aegis Wealth Management Inc. now owns 1,162 shares of the exchange traded fund’s stock worth $811,000 after acquiring an additional 44 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in Vanguard Information Technology ETF by 3.8% during the first quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the exchange traded fund’s stock worth $1,047,000 after acquiring an additional 55 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 0.1%

Shares of VGT stock traded up $0.13 on Tuesday, reaching $120.46. The company had a trading volume of 3,949,016 shares, compared to its average volume of 4,469,080. The stock has a market capitalization of $148.17 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a one year low of $83.09 and a one year high of $130.66. The business’s 50-day moving average is $122.50 and its 200 day moving average is $115.36.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.