Tompkins Financial Corp Cuts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Tompkins Financial Corp lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 76.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 65 shares of the exchange traded fund’s stock after selling 215 shares during the quarter. Tompkins Financial Corp’s holdings in Vanguard Information Technology ETF were worth $40,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VGT. Morton Capital Management LLC CA boosted its stake in Vanguard Information Technology ETF by 4.3% in the 3rd quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 17 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after buying an additional 17 shares during the last quarter. Corbyn Investment Management Inc. MD lifted its stake in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after buying an additional 17 shares during the period. Sovereign Financial Group Inc. grew its holdings in shares of Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after buying an additional 17 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 3.6% during the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after buying an additional 18 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock opened at $627.47 on Friday. The business has a fifty day moving average of $627.09 and a 200 day moving average of $594.52. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.66. The firm has a market capitalization of $79.01 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).