Flagship Harbor Advisors LLC Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Flagship Harbor Advisors LLC lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,642 shares of the exchange traded fund’s stock after selling 36 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,265,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after acquiring an additional 510,798 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at about $55,988,000. SteelPeak Wealth LLC boosted its stake in shares of Vanguard Information Technology ETF by 2,097.0% during the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock worth $37,053,000 after buying an additional 60,205 shares during the period. Finally, Royal Fund Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 258.7% during the third quarter. Royal Fund Management LLC now owns 54,252 shares of the exchange traded fund’s stock worth $31,971,000 after buying an additional 39,126 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 1.0 %

Shares of VGT stock opened at $640.13 on Monday. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock’s 50-day moving average price is $629.27 and its 200 day moving average price is $596.37. The stock has a market capitalization of $80.61 billion, a PE ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).