Verdence Capital Advisors LLC trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT – Get Rating) by 12.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,017 shares of the exchange traded fund’s stock after selling 142 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $325,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Prudential Financial Inc. raised its stake in shares of Vanguard Information Technology ETF by 581.5% during the 3rd quarter. Prudential Financial Inc. now owns 1,219,807 shares of the exchange traded fund’s stock valued at $381,861,000 after purchasing an additional 1,040,828 shares during the period. Royal Bank of Canada raised its stake in shares of Vanguard Information Technology ETF by 26.5% during the 3rd quarter. Royal Bank of Canada now owns 787,091 shares of the exchange traded fund’s stock valued at $241,929,000 after purchasing an additional 164,885 shares during the period. CFS Investment Advisory Services LLC raised its stake in shares of Vanguard Information Technology ETF by 29,048.8% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 462,592 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 461,005 shares during the period. Annex Advisory Services LLC raised its stake in shares of Vanguard Information Technology ETF by 1.8% during the 3rd quarter. Annex Advisory Services LLC now owns 282,333 shares of the exchange traded fund’s stock valued at $86,781,000 after purchasing an additional 4,934 shares during the period. Finally, M&T Bank Corp raised its stake in shares of Vanguard Information Technology ETF by 2.6% during the 3rd quarter. M&T Bank Corp now owns 232,444 shares of the exchange traded fund’s stock valued at $71,447,000 after purchasing an additional 5,944 shares during the period.
Vanguard Information Technology ETF Stock Performance
NYSEARCA:VGT opened at $385.47 on Friday. Vanguard Information Technology ETF has a 52-week low of $291.61 and a 52-week high of $429.56. The firm has a market cap of $47.57 billion, a price-to-earnings ratio of 24.70 and a beta of 1.14. The business’s fifty day moving average is $360.64 and its 200 day moving average is $338.44.
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).
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