McAdam LLC Reduces Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

McAdam LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,899 shares of the exchange traded fund’s stock after selling 70 shares during the period. McAdam LLC’s holdings in Vanguard Information Technology ETF were worth $2,855,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VGT. Mather Group LLC. boosted its holdings in Vanguard Information Technology ETF by 15.1% in the fourth quarter. Mather Group LLC. now owns 8,435 shares of the exchange traded fund’s stock worth $4,082,000 after acquiring an additional 1,104 shares in the last quarter. Monumental Financial Group Inc. raised its stake in shares of Vanguard Information Technology ETF by 8.0% in the fourth quarter. Monumental Financial Group Inc. now owns 35,787 shares of the exchange traded fund’s stock worth $17,321,000 after purchasing an additional 2,638 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Vanguard Information Technology ETF by 60.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 3,430 shares of the exchange traded fund’s stock valued at $1,660,000 after purchasing an additional 1,298 shares in the last quarter. Magnus Financial Group LLC boosted its position in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Magnus Financial Group LLC now owns 2,595 shares of the exchange traded fund’s stock valued at $1,256,000 after buying an additional 420 shares during the last quarter. Finally, Principle Wealth Partners LLC grew its stake in shares of Vanguard Information Technology ETF by 17.2% in the fourth quarter. Principle Wealth Partners LLC now owns 20,007 shares of the exchange traded fund’s stock worth $9,683,000 after acquiring an additional 2,943 shares during the period.

Vanguard Information Technology ETF Trading Up 0.3 %

NYSEARCA:VGT traded up $1.39 during trading hours on Monday, reaching $505.33. The company had a trading volume of 143,234 shares, compared to its average volume of 489,319. The firm’s 50 day moving average price is $514.86 and its 200-day moving average price is $483.99. The firm has a market cap of $63.63 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37. Vanguard Information Technology ETF has a 52 week low of $374.85 and a 52 week high of $536.63.

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).