McClarren Financial Advisors Inc. reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 47.2% during the 4th quarter, HoldingsChannel reports. The firm owned 1,475 shares of the exchange traded fund’s stock after selling 1,321 shares during the quarter. Vanguard Information Technology ETF makes up approximately 2.5% of McClarren Financial Advisors Inc.’s holdings, making the stock its 5th biggest holding. McClarren Financial Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $917,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of VGT. Thurston Springer Miller Herd & Titak Inc. grew its position in Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 29 shares during the period. Carnegie Investment Counsel boosted its stake in shares of Vanguard Information Technology ETF by 5.4% in the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares in the last quarter. FMR LLC grew its holdings in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after purchasing an additional 6,396 shares during the last quarter. Citigroup Inc. increased its position in shares of Vanguard Information Technology ETF by 21.2% during the 3rd quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after purchasing an additional 7,223 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its holdings in Vanguard Information Technology ETF by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 40,751 shares of the exchange traded fund’s stock valued at $23,902,000 after purchasing an additional 395 shares during the last quarter.
Vanguard Information Technology ETF Stock Down 0.1 %
NYSEARCA:VGT opened at $627.22 on Thursday. The firm has a market cap of $78.98 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The company’s 50-day moving average price is $629.51 and its two-hundred day moving average price is $599.53.
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).
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