US Bancorp DE Lowers Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

US Bancorp DE decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,149 shares of the exchange traded fund’s stock after selling 624 shares during the quarter. US Bancorp DE’s holdings in Vanguard Information Technology ETF were worth $7,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Counselors Inc. lifted its stake in Vanguard Information Technology ETF by 0.5% in the fourth quarter. Financial Counselors Inc. now owns 4,078 shares of the exchange traded fund’s stock worth $1,974,000 after purchasing an additional 20 shares during the last quarter. Garrison Asset Management LLC grew its stake in Vanguard Information Technology ETF by 4.5% in the fourth quarter. Garrison Asset Management LLC now owns 512 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 22 shares during the last quarter. Tower View Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF by 0.6% in the 4th quarter. Tower View Wealth Management LLC now owns 3,458 shares of the exchange traded fund’s stock worth $1,674,000 after buying an additional 22 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of Vanguard Information Technology ETF by 0.5% during the 4th quarter. Stephens Inc. AR now owns 4,574 shares of the exchange traded fund’s stock valued at $2,214,000 after purchasing an additional 22 shares during the last quarter. Finally, Salem Investment Counselors Inc. boosted its position in shares of Vanguard Information Technology ETF by 6.7% in the 1st quarter. Salem Investment Counselors Inc. now owns 349 shares of the exchange traded fund’s stock worth $183,000 after purchasing an additional 22 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT traded down $20.47 on Wednesday, reaching $584.04. 459,249 shares of the stock were exchanged, compared to its average volume of 460,481. The company’s 50-day moving average price is $562.59 and its 200 day moving average price is $526.27. The firm has a market capitalization of $73.54 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $397.76 and a fifty-two week high of $609.15.

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).