M&T Bank Corp Has $104.10 Million Stake in Vanguard Information Technology ETF $VGT

M&T Bank Corp trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 139,421 shares of the exchange traded fund’s stock after selling 9,638 shares during the period. M&T Bank Corp’s holdings in Vanguard Information Technology ETF were worth $104,096,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC grew its holdings in shares of Vanguard Information Technology ETF by 34.9% in the 4th quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after purchasing an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Vanguard Information Technology ETF by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Vanguard Information Technology ETF by 378.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Vanguard Information Technology ETF by 2.8% in the second quarter. Bank of New York Mellon Corp now owns 12,324 shares of the exchange traded fund’s stock valued at $8,174,000 after buying an additional 330 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.9%

Shares of Vanguard Information Technology ETF stock opened at $714.44 on Friday. The stock has a market capitalization of $106.91 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The firm’s 50-day moving average price is $743.59 and its two-hundred day moving average price is $746.83.

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.