Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Lessened by MWA Asset Management

MWA Asset Management lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 551 shares of the exchange traded fund’s stock after selling 33 shares during the period. MWA Asset Management’s holdings in Vanguard Information Technology ETF were worth $343,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VGT. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Information Technology ETF by 10.0% during 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 buying an additional 501,703 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during 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 in the last quarter. LPL Financial LLC boosted its position in Vanguard Information Technology ETF by 2.3% during the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after purchasing an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares in the last quarter. Finally, Stifel Financial Corp increased its position in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $621.05 on Friday. The stock has a 50-day simple moving average of $629.59 and a 200-day simple moving average of $597.91. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The firm has a market cap of $78.20 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

About Vanguard Information Technology ETF

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).