FourThought Financial Partners LLC Cuts Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

FourThought Financial Partners LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,347 shares of the exchange traded fund’s stock after selling 99 shares during the quarter. FourThought Financial Partners LLC’s holdings in Vanguard Information Technology ETF were worth $1,620,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VGT. Bfsg LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. Signature Resources Capital Management LLC bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $28,000. OLD Second National Bank of Aurora purchased a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $29,000. Wetzel Investment Advisors Inc. bought a new position in Vanguard Information Technology ETF in the fourth quarter worth about $36,000. Finally, Aspire Private Capital LLC purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter valued at about $37,000.

Vanguard Information Technology ETF Stock Up 2.7 %

Shares of Vanguard Information Technology ETF stock traded up $13.40 on Friday, reaching $509.46. The stock had a trading volume of 438,581 shares, compared to its average volume of 486,565. The stock has a market capitalization of $64.15 billion, a P/E ratio of 36.30 and a beta of 1.41. The company has a 50 day moving average price of $514.01 and a 200 day moving average price of $486.59. Vanguard Information Technology ETF has a 1 year low of $374.85 and a 1 year high of $536.63.

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).