Vanguard Information Technology ETF $VGT Position Reduced by Folger Nolan Fleming Douglas Capital Management Inc.

Folger Nolan Fleming Douglas Capital Management Inc. trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 178,036 shares of the exchange traded fund’s stock after selling 1,723 shares during the period. Vanguard Information Technology ETF comprises approximately 13.9% of Folger Nolan Fleming Douglas Capital Management Inc.’s portfolio, making the stock its largest position. Folger Nolan Fleming Douglas Capital Management Inc. owned about 0.12% of Vanguard Information Technology ETF worth $132,927,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in 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 period. AQR Capital Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 80.9% in the first 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 during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after buying an additional 305 shares during the period. Sound Income Strategies LLC raised its holdings in Vanguard Information Technology ETF by 17.0% during the 2nd quarter. Sound Income Strategies LLC now owns 248 shares of the exchange traded fund’s stock valued at $165,000 after buying an additional 36 shares during the last quarter. Finally, Northwest Wealth Management LLC purchased a new stake in Vanguard Information Technology ETF during the 2nd quarter valued at $237,000.

Vanguard Information Technology ETF Stock Up 0.7%

Shares of Vanguard Information Technology ETF stock opened at $775.18 on Thursday. The company’s fifty day simple moving average is $756.52 and its two-hundred day simple moving average is $737.20. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The firm has a market cap of $116.00 billion, a PE 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.