Addison Advisors LLC Has $134,000 Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Addison Advisors LLC cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 276 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Addison Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $134,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $692,917,000. Ameriprise Financial Inc. grew its holdings in Vanguard Information Technology ETF by 14.4% in the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock worth $282,830,000 after purchasing an additional 85,685 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Information Technology ETF by 20.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock valued at $194,586,000 after buying an additional 80,145 shares during the period. LPL Financial LLC boosted its holdings in Vanguard Information Technology ETF by 6.0% in the third quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock worth $429,844,000 after acquiring an additional 58,893 shares in the last quarter. Finally, Comerica Bank bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth $20,488,000.

Vanguard Information Technology ETF Stock Up 1.7 %

VGT stock traded up $8.50 during midday trading on Friday, reaching $503.94. 364,431 shares of the company’s stock traded hands, compared to its average volume of 493,722. The firm’s fifty day moving average price is $514.86 and its 200-day moving average price is $483.23. The company has a market cap of $63.46 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 52 week low of $374.52 and a 52 week high of $536.63.

Vanguard Information Technology ETF 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).