Curated Wealth Partners LLC Trims Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Curated Wealth Partners LLC decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.5% in the 1st quarter, Holdings Channel reports. The firm owned 4,316 shares of the exchange traded fund’s stock after selling 109 shares during the period. Vanguard Information Technology ETF comprises 0.3% of Curated Wealth Partners LLC’s investment portfolio, making the stock its 21st largest holding. Curated Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $2,341,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after acquiring an additional 271,622 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Information Technology ETF by 10.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock valued at $941,773,000 after purchasing an additional 144,217 shares in the last quarter. LPL Financial LLC boosted its holdings in Vanguard Information Technology ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock worth $824,430,000 after purchasing an additional 137,134 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at $494,903,000. Finally, Stifel Financial Corp grew its position in Vanguard Information Technology ETF by 1.8% during the fourth quarter. Stifel Financial Corp now owns 397,332 shares of the exchange traded fund’s stock valued at $247,082,000 after buying an additional 7,196 shares during the period.

Vanguard Information Technology ETF Trading Up 0.4%

Shares of NYSEARCA:VGT opened at $629.14 on Tuesday. The stock has a 50 day moving average of $562.33 and a 200 day moving average of $594.37. The company has a market cap of $88.72 billion, a PE ratio of 35.89 and a beta of 1.24. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $648.76.

About Vanguard Information Technology ETF

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).