Theory Financial LLC Has $6.47 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Theory Financial LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.5% in the fourth quarter, Holdings Channel reports. The firm owned 10,405 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. Vanguard Information Technology ETF comprises about 2.7% of Theory Financial LLC’s portfolio, making the stock its 9th biggest holding. Theory Financial LLC’s holdings in Vanguard Information Technology ETF were worth $6,470,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGT. SG Americas Securities LLC bought a new position in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $110,000. Hennion & Walsh Asset Management Inc. raised its position in Vanguard Information Technology ETF by 4.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,763 shares of the exchange traded fund’s stock worth $1,621,000 after purchasing an additional 119 shares during the last quarter. Dakota Wealth Management raised its position in Vanguard Information Technology ETF by 18.4% in the 3rd quarter. Dakota Wealth Management now owns 5,425 shares of the exchange traded fund’s stock worth $3,182,000 after purchasing an additional 842 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $602,000. Finally, Sigma Investment Counselors Inc. bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth approximately $200,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $624.14 on Friday. The company has a 50 day moving average price of $629.09 and a 200 day moving average price of $604.45. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The stock has a market capitalization of $78.59 billion, a PE ratio of 36.30 and a beta of 1.41.

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).