Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Lessened by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 26.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,911 shares of the exchange traded fund’s stock after selling 4,248 shares during the quarter. Vanguard Information Technology ETF makes up 0.6% of Kingswood Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest holding. Kingswood Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $7,407,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Morton Capital Management LLC CA boosted its stake in Vanguard Information Technology ETF by 4.3% in the third quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 17 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Vanguard Information Technology ETF by 1.1% during the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after buying an additional 17 shares in the last quarter. Corbyn Investment Management Inc. MD grew its position in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock worth $941,000 after acquiring an additional 17 shares during the last quarter. Sovereign Financial Group Inc. raised its position 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 purchasing an additional 17 shares during the last quarter. Finally, Frank Rimerman Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 3.6% during 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.

Vanguard Information Technology ETF Stock Down 1.0 %

Shares of Vanguard Information Technology ETF stock opened at $640.13 on Monday. The stock has a market cap of $80.61 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company’s fifty day moving average is $629.27 and its 200 day moving average is $596.37.

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).