Charles Schwab Trust Co Cuts Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Charles Schwab Trust Co lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 41.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 636 shares of the exchange traded fund’s stock after selling 450 shares during the quarter. Charles Schwab Trust Co’s holdings in Vanguard Information Technology ETF were worth $395,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $32,000. Finally, Halpern Financial Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter worth approximately $33,000.

Vanguard Information Technology ETF Stock Up 1.5 %

VGT opened at $627.47 on Tuesday. The business has a fifty day moving average of $627.16 and a 200 day moving average of $594.91. The stock has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.66.

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).