Lokken Investment Group LLC Sells 22 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Lokken Investment Group LLC lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 453 shares of the exchange traded fund’s stock after selling 22 shares during the period. Lokken Investment Group LLC’s holdings in Vanguard Information Technology ETF were worth $246,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VGT. Brighton Jones LLC lifted its stake 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 period. Orion Capital Management LLC bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $62,000. Tidemark LLC raised its stake in Vanguard Information Technology ETF by 5.5% during the 4th quarter. Tidemark LLC now owns 1,450 shares of the exchange traded fund’s stock worth $901,000 after acquiring an additional 75 shares during the period. Harbour Investments Inc. raised its stake in Vanguard Information Technology ETF by 81.5% during the 4th quarter. Harbour Investments Inc. now owns 56,672 shares of the exchange traded fund’s stock worth $35,239,000 after acquiring an additional 25,446 shares during the period. Finally, GWN Securities Inc. bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $5,718,000.

Vanguard Information Technology ETF Trading Down 0.6%

NYSEARCA VGT opened at $670.33 on Monday. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $678.99. The stock has a market cap of $95.40 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. The company’s 50 day moving average is $625.67 and its two-hundred day moving average is $597.14.

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).