Bailard Inc. Sells 457 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Bailard Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,699 shares of the exchange traded fund’s stock after selling 457 shares during the period. Vanguard Information Technology ETF comprises 1.8% of Bailard Inc.’s investment portfolio, making the stock its 9th biggest position. Bailard Inc. owned approximately 0.09% of Vanguard Information Technology ETF worth $70,698,000 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. Brooklyn Investment Group purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $32,000. Finally, Duncker Streett & Co. Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $35,000.

Vanguard Information Technology ETF Stock Performance

VGT opened at $598.48 on Friday. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company has a market cap of $83.08 billion, a P/E ratio of 36.18 and a beta of 1.16. The business’s 50-day simple moving average is $626.13 and its 200-day simple moving average is $606.86.

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).