Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Decreased by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 598 shares of the exchange traded fund’s stock after selling 36 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $372,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the period. LPL Financial LLC lifted its position in Vanguard Information Technology ETF by 2.3% in the third quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock worth $697,221,000 after purchasing an additional 26,845 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after buying an additional 510,798 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in Vanguard Information Technology ETF by 4.2% during the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after acquiring an additional 15,742 shares during the period.

Vanguard Information Technology ETF Trading Down 1.5 %

Shares of Vanguard Information Technology ETF stock opened at $615.04 on Tuesday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The company’s 50-day moving average price is $628.43 and its two-hundred day moving average price is $605.66. The stock has a market cap of $77.45 billion, a PE ratio of 36.30 and a beta of 1.41.

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).