Vanguard Information Technology ETF (NYSEARCA:VGT) Position Decreased by Breakwater Investment Management

Breakwater Investment Management reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 597 shares of the exchange traded fund’s stock after selling 91 shares during the quarter. Breakwater Investment Management’s holdings in Vanguard Information Technology ETF were worth $371,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VGT. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Vanguard Information Technology ETF by 25.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,512 shares of the exchange traded fund’s stock worth $872,000 after acquiring an additional 311 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Vanguard Information Technology ETF by 0.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 4,063 shares of the exchange traded fund’s stock valued at $2,343,000 after purchasing an additional 37 shares during the period. EverSource Wealth Advisors LLC increased its stake in Vanguard Information Technology ETF by 5.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 856 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 44 shares in the last quarter. Providence Capital Advisors LLC raised its holdings in Vanguard Information Technology ETF by 23.5% during the 2nd quarter. Providence Capital Advisors LLC now owns 284 shares of the exchange traded fund’s stock worth $164,000 after buying an additional 54 shares during the period. Finally, Marshall Wace LLP lifted its stake in Vanguard Information Technology ETF by 187.7% during the second quarter. Marshall Wace LLP now owns 5,521 shares of the exchange traded fund’s stock valued at $3,183,000 after buying an additional 3,602 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $627.47 on Tuesday. The company has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.66. The firm’s 50 day simple moving average is $627.16 and its 200-day simple moving average is $594.91.

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).