Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Burney Co.

Burney Co. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,039 shares of the exchange traded fund’s stock after selling 104 shares during the quarter. Burney Co.’s holdings in Vanguard Information Technology ETF were worth $646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Elevation Capital Advisory LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at about $1,983,000. FMR LLC increased its holdings in Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after buying an additional 6,396 shares during the last quarter. Citigroup Inc. raised its stake in Vanguard Information Technology ETF by 21.2% during the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock valued at $24,240,000 after buying an additional 7,223 shares in the last quarter. Northstar Group Inc. lifted its holdings in Vanguard Information Technology ETF by 3.9% during the 3rd quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 25 shares during the last quarter. Finally, Pathstone Holdings LLC increased its holdings in shares of Vanguard Information Technology ETF by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 40,751 shares of the exchange traded fund’s stock valued at $23,902,000 after acquiring an additional 395 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 1.5 %

VGT stock opened at $627.47 on Friday. The firm has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock’s 50 day simple moving average is $627.09 and its 200 day simple moving average is $594.52. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.66.

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).