Highline Wealth Partners LLC Has $4.12 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Highline Wealth Partners LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,624 shares of the exchange traded fund’s stock after selling 356 shares during the quarter. Vanguard Information Technology ETF accounts for 1.3% of Highline Wealth Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Highline Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $4,119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth $32,000. Bell Investment Advisors Inc bought a new stake in Vanguard Information Technology ETF during the second quarter valued at approximately $33,000. Finally, Halpern Financial Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $33,000.

Vanguard Information Technology ETF Stock Down 1.7 %

Shares of NYSEARCA VGT traded down $10.80 during mid-day trading on Friday, reaching $616.00. 572,062 shares of the company were exchanged, compared to its average volume of 620,269. 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 52 week low of $473.89 and a 52 week high of $648.66. The company’s 50 day moving average price is $625.73 and its 200 day moving average price is $593.13.

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).