Kestra Private Wealth Services LLC Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kestra Private Wealth Services LLC trimmed its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.9% in the 4th quarter, Holdings Channel reports. The firm owned 25,141 shares of the exchange traded fund’s stock after selling 1,011 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Information Technology ETF were worth $15,633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its holdings in shares of Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after buying an additional 17 shares during the period. Corbyn Investment Management Inc. MD increased its position in Vanguard Information Technology ETF by 1.1% during the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after acquiring an additional 17 shares during the last quarter. Sovereign Financial Group Inc. lifted its holdings in Vanguard Information Technology ETF by 0.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after acquiring an additional 17 shares during the period. Frank Rimerman Advisors LLC boosted its position in Vanguard Information Technology ETF by 3.6% in the third quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 18 shares during the last quarter. Finally, Americana Partners LLC grew its stake in shares of Vanguard Information Technology ETF by 1.2% during the 3rd quarter. Americana Partners LLC now owns 1,645 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 19 shares during the period.

Vanguard Information Technology ETF Stock Down 1.0 %

NYSEARCA VGT opened at $621.05 on Friday. The company has a 50-day moving average price of $629.57 and a 200-day moving average price of $598.17. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The firm has a market capitalization of $78.20 billion, a P/E 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).