Latitude Advisors LLC Decreases Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Latitude Advisors LLC trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,554 shares of the exchange traded fund’s stock after selling 26 shares during the quarter. Latitude Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $843,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Zions Bancorporation N.A. boosted its position in 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 worth $25,000 after purchasing an additional 24 shares during the period. Crowley Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $27,000. Cordant Inc. acquired a new position in Vanguard Information Technology ETF during the 1st quarter worth approximately $28,000. Smallwood Wealth Investment Management LLC purchased a new position in Vanguard Information Technology ETF in the 1st quarter worth approximately $28,000. Finally, Copia Wealth Management acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at approximately $30,000.

Vanguard Information Technology ETF Trading Up 1.3%

NYSEARCA VGT opened at $664.77 on Thursday. The stock has a market cap of $93.82 billion, a P/E ratio of 34.55 and a beta of 1.16. The company’s fifty day simple moving average is $608.58 and its 200-day simple moving average is $596.00. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $665.53.

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).