Hartford Financial Management Inc. Reduces Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Hartford Financial Management Inc. trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,192 shares of the exchange traded fund’s stock after selling 75 shares during the quarter. Vanguard Information Technology ETF makes up about 1.4% of Hartford Financial Management Inc.’s portfolio, making the stock its 14th biggest position. Hartford Financial Management Inc.’s holdings in Vanguard Information Technology ETF were worth $6,959,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in VGT. St. Johns Investment Management Company LLC bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth about $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF during the 3rd quarter worth $30,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth $32,000. Finally, Halpern Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at $33,000.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $619.90 on Friday. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The business has a 50-day moving average price of $629.73 and a 200 day moving average price of $596.72. The company has a market capitalization of $78.06 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).