Tradewinds LLC. Has $3.06 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Tradewinds LLC. lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,636 shares of the exchange traded fund’s stock after selling 306 shares during the period. Tradewinds LLC.’s holdings in Vanguard Information Technology ETF were worth $3,057,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. Zions Bancorporation N.A. increased its holdings in Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 24 shares during the last quarter. Crowley Wealth Management Inc. acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $27,000. Cordant Inc. acquired a new position in Vanguard Information Technology ETF during the first quarter valued at approximately $28,000. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Information Technology ETF during the first quarter valued at approximately $28,000. Finally, Copia Wealth Management acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000.

Vanguard Information Technology ETF Stock Up 1.4%

Shares of VGT stock opened at $674.02 on Friday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $675.80. The business’s 50 day moving average is $613.84 and its two-hundred day moving average is $596.22. The company has a market cap of $95.71 billion, a PE ratio of 34.55 and a beta of 1.16.

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).