Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Marotta Asset Management

Marotta Asset Management reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,541 shares of the exchange traded fund’s stock after selling 3,480 shares during the quarter. Vanguard Information Technology ETF comprises about 7.0% of Marotta Asset Management’s investment portfolio, making the stock its 2nd largest holding. Marotta Asset Management’s holdings in Vanguard Information Technology ETF were worth $33,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Elevation Capital Advisory LLC acquired a new stake in Vanguard Information Technology ETF in the 2nd quarter worth approximately $1,983,000. FMR LLC boosted its holdings in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after acquiring an additional 6,396 shares in the last quarter. Citigroup Inc. grew its holdings in shares of 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 worth $24,240,000 after purchasing an additional 7,223 shares during the last quarter. Wulff Hansen & CO. grew its holdings in Vanguard Information Technology ETF by 56,640.2% during the 2nd quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock worth $3,079,540,000 after acquiring an additional 5,331,540 shares during the last quarter. Finally, Northstar Group Inc. lifted its position in shares of Vanguard Information Technology ETF by 3.9% during the third quarter. Northstar Group Inc. now owns 670 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 25 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT traded down $14.67 during trading hours on Friday, reaching $612.13. 256,550 shares of the company’s stock were exchanged, compared to its average volume of 561,115. Vanguard Information Technology ETF has a one year low of $473.89 and a one year high of $648.66. The company’s 50-day moving average is $625.73 and its two-hundred day moving average is $593.13. The company has a market capitalization of $77.08 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF 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).