Hobart Private Capital LLC Has $12.38 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Hobart Private Capital LLC decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,913 shares of the exchange traded fund’s stock after selling 252 shares during the period. Vanguard Information Technology ETF makes up 3.1% of Hobart Private Capital LLC’s portfolio, making the stock its 8th largest holding. Hobart Private Capital LLC’s holdings in Vanguard Information Technology ETF were worth $12,382,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VGT. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Information Technology ETF in the third quarter worth $30,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. Coastline Trust Co bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 107.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 30 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 1.0 %

Shares of NYSEARCA VGT opened at $621.05 on Friday. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm has a market capitalization of $78.20 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm has a 50 day moving average of $629.57 and a 200 day moving average of $598.17.

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).