Salomon & Ludwin LLC Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Salomon & Ludwin LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,596 shares of the exchange traded fund’s stock after selling 222 shares during the quarter. Salomon & Ludwin LLC’s holdings in Vanguard Information Technology ETF were worth $3,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Roxbury Financial LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $108,000. Aveo Capital Partners LLC bought a new position in Vanguard Information Technology ETF in the fourth quarter worth about $494,000. Manchester Capital Management LLC raised its stake in Vanguard Information Technology ETF by 129.4% in the fourth quarter. Manchester Capital Management LLC now owns 12,479 shares of the exchange traded fund’s stock worth $7,759,000 after buying an additional 7,039 shares in the last quarter. Howard Wealth Management LLC lifted its holdings in Vanguard Information Technology ETF by 7.4% in the fourth quarter. Howard Wealth Management LLC now owns 1,063 shares of the exchange traded fund’s stock worth $661,000 after buying an additional 73 shares during the period. Finally, WealthPlan Investment Management LLC boosted its position in Vanguard Information Technology ETF by 6.2% during the 4th quarter. WealthPlan Investment Management LLC now owns 596 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 35 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $639.87 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The company has a market capitalization of $80.57 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business’s 50 day moving average price is $629.08 and its two-hundred day moving average price is $599.98.

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).