Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 20.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,074 shares of the exchange traded fund’s stock after selling 794 shares during the quarter. Bleakley Financial Group LLC’s holdings in Vanguard Information Technology ETF were worth $1,911,000 at the end of the most recent quarter.

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

Vanguard Information Technology ETF Stock Down 1.0 %

VGT opened at $621.05 on Friday. The business’s fifty day simple moving average is $629.59 and its 200 day simple moving average is $597.91. 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 $78.20 billion, a P/E 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).