Vanguard Information Technology ETF $VGT Stock Holdings Lessened by Madison Asset Management LLC

Madison Asset Management LLC lessened its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 49,886 shares of the exchange traded fund’s stock after selling 8,235 shares during the period. Madison Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $34,807,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth $27,000. Wells Financial Advisors INC purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $30,000. RHL Group LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $31,000. Finally, Jessup Wealth Management Inc purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Trading Up 0.1%

NYSEARCA VGT opened at $113.23 on Tuesday. The stock’s 50-day moving average price is $116.66 and its two-hundred day moving average price is $102.20. The company has a market cap of $138.81 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1 year low of $83.09 and a 1 year high of $126.00.

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). 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.