Savant Capital LLC Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Savant Capital LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 11.8% during the 4th quarter, HoldingsChannel reports. The firm owned 4,582 shares of the exchange traded fund’s stock after selling 614 shares during the quarter. Savant Capital LLC’s holdings in Vanguard Information Technology ETF were worth $2,849,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. St. Johns Investment Management Company LLC purchased a new stake in Vanguard Information Technology ETF during the third quarter worth $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares during the period.

Vanguard Information Technology ETF Trading Down 0.1 %

Shares of VGT opened at $628.04 on Wednesday. The firm has a market cap of $79.08 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The stock’s 50 day moving average is $629.58 and its two-hundred day moving average is $599.07.

Vanguard Information Technology ETF Company 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).