ProVise Management Group LLC Sells 277 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

ProVise Management Group LLC lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 37.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 458 shares of the exchange traded fund’s stock after selling 277 shares during the quarter. ProVise Management Group LLC’s holdings in Vanguard Information Technology ETF were worth $285,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VGT. Strategic Financial Concepts LLC increased its holdings in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $494,903,000. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard Information Technology ETF by 311.5% in 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 in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 worth $3,222,539,000 after acquiring an additional 501,703 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in shares of Vanguard Information Technology ETF by 621.3% in the fourth quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock worth $134,371,000 after acquiring an additional 186,139 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $565.88 on Thursday. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The business has a 50-day moving average of $608.42 and a two-hundred day moving average of $606.07. The company has a market capitalization of $78.82 billion, a P/E ratio of 33.62 and a beta of 1.17.

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).