Vanguard Information Technology ETF (NYSEARCA:VGT) Position Reduced by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,250 shares of the exchange traded fund’s stock after selling 248 shares during the period. Pallas Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $5,752,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in Vanguard Information Technology ETF by 10.0% during 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 buying an additional 501,703 shares during the last quarter. Wulff Hansen & CO. grew its holdings in shares of Vanguard Information Technology ETF by 56,640.2% during the second quarter. Wulff Hansen & CO. now owns 5,340,953 shares of the exchange traded fund’s stock valued at $3,079,540,000 after buying an additional 5,331,540 shares during the last quarter. LPL Financial LLC grew its position in shares of Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after acquiring an additional 26,845 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Information Technology ETF by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after buying an additional 17,933 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after buying an additional 4,910 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 0.8 %

Shares of NYSEARCA VGT traded down $5.02 during trading on Monday, reaching $608.42. The company had a trading volume of 765,912 shares, compared to its average volume of 687,193. Vanguard Information Technology ETF has a 12-month low of $473.89 and a 12-month high of $648.66. The stock has a market cap of $76.61 billion, a PE ratio of 36.30 and a beta of 1.41. The business’s 50-day moving average is $626.27 and its 200 day moving average is $593.70.

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).