Silverlake Wealth Management LLC Has $545,000 Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Silverlake Wealth Management LLC trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 876 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VGT. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Brooklyn Investment Group acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $30,000. Coastline Trust Co acquired a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in Vanguard Information Technology ETF by 107.1% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $616.00 on Wednesday. The company has a 50 day moving average price of $629.37 and a 200 day moving average price of $597.22. The stock has a market capitalization of $77.57 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two 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).