Principle Wealth Partners LLC Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Principle Wealth Partners LLC decreased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,698 shares of the exchange traded fund’s stock after selling 383 shares during the period. Principle Wealth Partners LLC’s holdings in Vanguard Information Technology ETF were worth $11,005,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC raised its stake in shares of Vanguard Information Technology ETF by 44.2% during the second quarter. AQR Capital Management LLC now owns 914 shares of the exchange traded fund’s stock worth $527,000 after acquiring an additional 280 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $110,000. Sound Income Strategies LLC increased its stake in shares of Vanguard Information Technology ETF by 84.8% in the third quarter. Sound Income Strategies LLC now owns 194 shares of the exchange traded fund’s stock worth $114,000 after buying an additional 89 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $257,000. Finally, Redhawk Wealth Advisors Inc. boosted its position in Vanguard Information Technology ETF by 6.2% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 1,601 shares of the exchange traded fund’s stock valued at $939,000 after buying an additional 94 shares during the period.

Vanguard Information Technology ETF Stock Up 1.3 %

Shares of Vanguard Information Technology ETF stock opened at $628.86 on Tuesday. The firm has a market cap of $79.19 billion, a PE ratio of 36.30 and a beta of 1.41. The company’s fifty day simple moving average is $629.57 and its two-hundred day simple moving average is $598.54. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76.

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).