Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Cut by Proficio Capital Partners LLC

Proficio Capital Partners LLC trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,278 shares of the exchange traded fund’s stock after selling 75 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $5,769,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VGT. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. increased its holdings in shares of Vanguard Information Technology ETF by 20.4% during the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares during the period. Carnegie Investment Counsel increased its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the period. FMR LLC increased its holdings in shares of Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares during the period. Finally, Atlantic Family Wealth LLC acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $4,181,000.

Vanguard Information Technology ETF Stock Up 3.0 %

NYSEARCA:VGT opened at $563.01 on Monday. The business’s 50-day moving average price is $612.53 and its 200 day moving average price is $606.48. The firm has a market cap of $78.42 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76.

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).