M&T Bank Corp Has $91.89 Million Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

M&T Bank Corp lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 189,853 shares of the exchange traded fund’s stock after selling 5,743 shares during the quarter. M&T Bank Corp’s holdings in Vanguard Information Technology ETF were worth $91,889,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VGT. International Assets Investment Management LLC acquired a new position in Vanguard Information Technology ETF in the 4th quarter worth $692,917,000. Ameriprise Financial Inc. boosted its position in shares of Vanguard Information Technology ETF by 14.4% during the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock worth $282,830,000 after buying an additional 85,685 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 20.6% during the third quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock worth $194,586,000 after buying an additional 80,145 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Information Technology ETF by 6.0% in the 3rd quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock valued at $429,844,000 after buying an additional 58,893 shares during the last quarter. Finally, Comerica Bank acquired a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at approximately $20,488,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT traded up $13.40 during trading hours on Friday, reaching $509.46. 438,581 shares of the stock were exchanged, compared to its average volume of 486,565. The stock has a market cap of $64.15 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $374.85 and a twelve month high of $536.63. The firm has a 50 day moving average of $514.01 and a 200 day moving average of $485.71.

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).