Vanguard Information Technology ETF (NYSEARCA:VGT) Stake Lowered by Bailard Inc.

Bailard Inc. lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 114,326 shares of the exchange traded fund’s stock after selling 1,825 shares during the quarter. Vanguard Information Technology ETF comprises 1.6% of Bailard Inc.’s investment portfolio, making the stock its 10th biggest holding. Bailard Inc. owned about 0.10% of Vanguard Information Technology ETF worth $55,334,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VGT. Bfsg LLC purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $27,000. OLD Second National Bank of Aurora purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $36,000. Aspire Private Capital LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $37,000. Finally, Horizons Wealth Management purchased a new position in Vanguard Information Technology ETF during the 4th quarter worth approximately $37,000.

Vanguard Information Technology ETF Stock Up 0.2 %

VGT traded up $1.00 during trading on Wednesday, hitting $495.45. 514,046 shares of the stock were exchanged, compared to its average volume of 495,531. The firm has a market capitalization of $62.39 billion, a P/E ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 1-year low of $368.39 and a 1-year high of $536.63. The stock has a fifty day moving average price of $515.34 and a two-hundred day moving average price of $482.60.

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).