Douglass Winthrop Advisors LLC Has $2.21 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Douglass Winthrop Advisors LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,549 shares of the exchange traded fund’s stock after selling 326 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,207,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. increased its position in Vanguard Information Technology ETF by 20.4% in the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 113 shares during the period. Carnegie Investment Counsel lifted its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 117 shares during the last quarter. FMR LLC boosted its position in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares during the period. Finally, Atlantic Family Wealth LLC acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth $4,181,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $562.71 on Friday. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company has a fifty day moving average price of $607.14 and a 200 day moving average price of $605.77. The stock has a market cap of $78.37 billion, a P/E ratio of 33.62 and a beta of 1.17.

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).