Focus Partners Wealth Trims Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Focus Partners Wealth lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,540 shares of the exchange traded fund’s stock after selling 1,532 shares during the period. Focus Partners Wealth’s holdings in Vanguard Information Technology ETF were worth $18,423,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Zions Bancorporation N.A. raised its stake in Vanguard Information Technology ETF by 150.0% during the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. Kentucky Trust Co acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Stock Up 0.0%

Shares of NYSEARCA VGT opened at $571.20 on Monday. The stock’s 50 day moving average price is $540.92 and its two-hundred day moving average price is $593.99. The stock has a market capitalization of $80.12 billion, a P/E ratio of 30.08 and a beta of 1.23. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week 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).