Vanguard Information Technology ETF (NYSEARCA:VGT) is MontVue Capital Management Inc.’s 7th Largest Position

MontVue Capital Management Inc. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,488 shares of the exchange traded fund’s stock after selling 32 shares during the quarter. Vanguard Information Technology ETF makes up 3.1% of MontVue Capital Management Inc.’s investment portfolio, making the stock its 7th largest holding. MontVue Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $4,034,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF in the third quarter valued at about $30,000. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $32,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $627.22 on Thursday. The stock has a 50-day simple moving average of $629.51 and a 200-day simple moving average of $599.53. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The firm has a market cap of $78.98 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).