Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Cut by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,347 shares of the exchange traded fund’s stock after selling 1,134 shares during the quarter. Vanguard Information Technology ETF makes up about 2.8% of Baker Ellis Asset Management LLC’s holdings, making the stock its 5th biggest position. Baker Ellis Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $18,534,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Searcy Financial Services Inc. ADV purchased a new stake in Vanguard Information Technology ETF in the 1st quarter valued at approximately $212,000. Monumental Financial Group Inc. lifted its stake in Vanguard Information Technology ETF by 8.6% in the 1st quarter. Monumental Financial Group Inc. now owns 38,858 shares of the exchange traded fund’s stock valued at $20,375,000 after buying an additional 3,071 shares in the last quarter. Independence Bank of Kentucky lifted its stake in shares of Vanguard Information Technology ETF by 59.4% during the 1st quarter. Independence Bank of Kentucky now owns 510 shares of the exchange traded fund’s stock worth $267,000 after purchasing an additional 190 shares during the period. Norwood Financial Corp purchased a new position in shares of Vanguard Information Technology ETF during the 1st quarter worth $228,000. Finally, Pinnacle Bancorp Inc. lifted its stake in shares of Vanguard Information Technology ETF by 8.4% during the 1st quarter. Pinnacle Bancorp Inc. now owns 321 shares of the exchange traded fund’s stock worth $168,000 after purchasing an additional 25 shares during the period.

Vanguard Information Technology ETF Stock Down 0.0 %

Shares of VGT stock traded down $0.21 on Friday, reaching $576.59. 380,444 shares of the stock were exchanged, compared to its average volume of 456,512. The stock has a market cap of $72.60 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm has a 50 day moving average of $539.46 and a two-hundred day moving average of $516.44. Vanguard Information Technology ETF has a 1-year low of $397.76 and a 1-year high of $593.10.

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).