Crestone Asset Management LLC Lowers Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Crestone Asset Management LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,629 shares of the exchange traded fund’s stock after selling 504 shares during the period. Crestone Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $1,756,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VGT. Ironwood Wealth Management LLC. bought a new stake in Vanguard Information Technology ETF in the third quarter worth $224,000. Advisor Partners II LLC grew its holdings in Vanguard Information Technology ETF by 142.1% during the 3rd quarter. Advisor Partners II LLC now owns 3,820 shares of the exchange traded fund’s stock valued at $1,585,000 after purchasing an additional 2,242 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in Vanguard Information Technology ETF in the 3rd quarter worth about $503,000. Absolute Capital Management LLC lifted its stake in Vanguard Information Technology ETF by 4.1% in the third quarter. Absolute Capital Management LLC now owns 7,600 shares of the exchange traded fund’s stock worth $3,153,000 after purchasing an additional 300 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in shares of Vanguard Information Technology ETF by 3.5% during the third quarter. CENTRAL TRUST Co now owns 7,109 shares of the exchange traded fund’s stock valued at $2,950,000 after buying an additional 242 shares during the period.

Vanguard Information Technology ETF Trading Up 0.1 %

Shares of VGT stock traded up $0.75 on Wednesday, reaching $515.42. 211,048 shares of the company’s stock were exchanged, compared to its average volume of 478,478. The company’s fifty day simple moving average is $514.05 and its 200 day simple moving average is $488.03. Vanguard Information Technology ETF has a 52 week low of $382.70 and a 52 week high of $536.63. The stock has a market capitalization of $64.90 billion, a PE ratio of 36.30 and a beta of 1.41.

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).