Waldron Private Wealth LLC Lowers Stake in Vanguard Information Technology ETF $VGT

Waldron Private Wealth LLC reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,904 shares of the exchange traded fund’s stock after selling 949 shares during the quarter. Waldron Private Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $3,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. boosted its holdings in Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 21 shares during the period. Strategic Advocates LLC purchased a new position in shares of Vanguard Information Technology ETF in the third quarter valued at about $30,000. First Command Advisory Services Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth about $31,000. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the second quarter worth about $31,000. Finally, Palisade Asset Management LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at approximately $34,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $681.00 on Friday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The business has a 50 day simple moving average of $733.80 and a two-hundred day simple moving average of $748.08. The company has a market capitalization of $101.90 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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). 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.