Headinvest LLC Lowers Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Headinvest LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 976 shares of the exchange traded fund’s stock after selling 120 shares during the period. Headinvest LLC’s holdings in Vanguard Information Technology ETF were worth $607,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Strategic Financial Concepts LLC boosted 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 worth $766,536,000 after acquiring an additional 1,229,688 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $494,903,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the period. 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 valued at $3,222,539,000 after purchasing an additional 501,703 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Vanguard Information Technology ETF by 201,628.9% during the 4th quarter. Russell Investments Group Ltd. now owns 229,971 shares of the exchange traded fund’s stock valued at $142,996,000 after buying an additional 229,857 shares during the period.

Vanguard Information Technology ETF Stock Up 0.2%

VGT stock opened at $602.19 on Friday. The company has a market cap of $84.61 billion, a price-to-earnings ratio of 33.98 and a beta of 1.24. The business has a fifty day simple moving average of $549.46 and a 200-day simple moving average of $594.88. 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).