Laird Norton Wetherby Wealth Management LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,768 shares of the exchange traded fund’s stock after selling 50 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,099,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in VGT. Zions Bancorporation N.A. raised its position in shares of Vanguard Information Technology ETF by 150.0% during the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 24 shares during the period. Crowley Wealth Management Inc. purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Kentucky Trust Co purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at $31,000. Finally, Briaud Financial Planning Inc purchased a new position in Vanguard Information Technology ETF during the fourth quarter valued at $31,000.
Vanguard Information Technology ETF Stock Performance
VGT opened at $611.49 on Wednesday. The stock has a market capitalization of $85.91 billion, a price-to-earnings ratio of 33.98 and a beta of 1.24. The company has a fifty day moving average of $542.00 and a 200 day moving average of $594.08. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $648.76.
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).
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