Biltmore Family Office LLC Trims Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Biltmore Family Office LLC cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 23.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 965 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Biltmore Family Office LLC’s holdings in Vanguard Information Technology ETF were worth $567,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Citigroup Inc. grew its position in shares of Vanguard Information Technology ETF by 21.2% during the third quarter. Citigroup Inc. now owns 41,329 shares of the exchange traded fund’s stock worth $24,240,000 after buying an additional 7,223 shares in the last quarter. Smithfield Trust Co boosted its stake in Vanguard Information Technology ETF by 96.1% during the 3rd quarter. Smithfield Trust Co now owns 100 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 49 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard Information Technology ETF by 2.3% during the 3rd quarter. LPL Financial LLC now owns 1,188,742 shares of the exchange traded fund’s stock valued at $697,221,000 after acquiring an additional 26,845 shares during the last quarter. Axos Invest Inc. acquired a new position in Vanguard Information Technology ETF during the 3rd quarter worth $666,000. Finally, Cornerstone Advisors LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $4,575,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $619.28 on Friday. The firm has a market cap of $77.98 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $454.77 and a 1 year high of $626.45. The firm’s 50-day simple moving average is $595.77 and its 200-day simple moving average is $572.34.

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).