MWA Asset Management Reduces Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

MWA Asset Management decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 584 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. MWA Asset Management’s holdings in Vanguard Information Technology ETF were worth $343,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Stonebridge Capital Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF in the 1st quarter worth $212,000. Vanguard Group Inc. boosted its position in Vanguard Information Technology ETF by 3.3% in the first quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock worth $2,956,000 after purchasing an additional 179 shares during the last quarter. Covestor Ltd grew its stake in shares of Vanguard Information Technology ETF by 187.5% during the 1st quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 60 shares during the period. Freestone Capital Holdings LLC grew its stake in shares of Vanguard Information Technology ETF by 129.1% during the 1st quarter. Freestone Capital Holdings LLC now owns 5,414 shares of the exchange traded fund’s stock valued at $2,839,000 after purchasing an additional 3,051 shares during the period. Finally, EP Wealth Advisors LLC increased its position in shares of Vanguard Information Technology ETF by 53.1% during the 1st quarter. EP Wealth Advisors LLC now owns 13,570 shares of the exchange traded fund’s stock valued at $7,115,000 after purchasing an additional 4,708 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 1.2 %

VGT opened at $612.17 on Wednesday. The company’s 50 day moving average is $593.68 and its 200 day moving average is $571.72. The company has a market cap of $77.08 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $454.77 and a 12-month high of $626.45.

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).