Black Diamond Financial LLC Has $1.07 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Black Diamond Financial LLC cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,728 shares of the exchange traded fund’s stock after selling 132 shares during the period. Black Diamond Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,074,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VGT. Peterson Financial Group Inc. acquired a new position in Vanguard Information Technology ETF in the third quarter valued at about $30,000. Brooklyn Investment Group acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $31,000. Coastline Trust Co acquired a new position in Vanguard Information Technology ETF in the third quarter valued at about $32,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in 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 valued at $34,000 after acquiring an additional 30 shares during the period.

Vanguard Information Technology ETF Trading Down 2.7 %

NYSEARCA:VGT opened at $624.14 on Monday. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The stock has a market cap of $78.59 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The stock has a 50-day moving average price of $629.09 and a two-hundred day moving average price of $605.08.

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).