First Horizon Advisors Inc. trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 0.5% in the third quarter, HoldingsChannel.com reports. The firm owned 4,975 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $2,918,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Lazard Asset Management LLC boosted its stake in Vanguard Information Technology ETF by 13.9% during the first quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock valued at $2,149,000 after buying an additional 500 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of Vanguard Information Technology ETF by 31.2% in the 2nd quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock worth $1,014,000 after purchasing an additional 403 shares during the last quarter. Asset Dedication LLC grew its stake in shares of Vanguard Information Technology ETF by 187.0% in the 2nd quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 101 shares during the last quarter. Covestor Ltd lifted its stake in Vanguard Information Technology ETF by 187.5% during the first quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 60 shares during the last quarter. Finally, Capital Investment Advisors LLC lifted its stake in Vanguard Information Technology ETF by 27.0% during the second quarter. Capital Investment Advisors LLC now owns 1,577 shares of the exchange traded fund’s stock valued at $910,000 after purchasing an additional 335 shares during the last quarter.
Vanguard Information Technology ETF Stock Performance
Vanguard Information Technology ETF stock opened at $612.82 on Thursday. Vanguard Information Technology ETF has a 1 year low of $454.77 and a 1 year high of $626.45. The firm’s 50 day moving average price is $594.70 and its two-hundred day moving average price is $572.01. The firm has a market cap of $77.17 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.
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).
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