Ledyard National Bank Has $467,000 Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ledyard National Bank lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.4% during the fourth quarter, Holdings Channel reports. The firm owned 965 shares of the exchange traded fund’s stock after selling 44 shares during the period. Ledyard National Bank’s holdings in Vanguard Information Technology ETF were worth $467,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. Cooper Financial Group acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at $234,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Vanguard Information Technology ETF by 19.3% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock valued at $457,000 after acquiring an additional 153 shares during the period. Ritholtz Wealth Management raised its holdings in Vanguard Information Technology ETF by 2.7% during the fourth quarter. Ritholtz Wealth Management now owns 1,710 shares of the exchange traded fund’s stock worth $828,000 after buying an additional 45 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Vanguard Information Technology ETF by 23.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 3,044 shares of the exchange traded fund’s stock worth $1,473,000 after buying an additional 584 shares during the last quarter. Finally, Altfest L J & Co. Inc. acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth $243,000.

Vanguard Information Technology ETF Stock Down 0.7 %

VGT traded down $3.65 during trading on Tuesday, hitting $502.29. 83,251 shares of the company’s stock were exchanged, compared to its average volume of 487,408. The business’s 50 day moving average is $514.80 and its two-hundred day moving average is $484.53. Vanguard Information Technology ETF has a fifty-two week low of $374.85 and a fifty-two week high of $536.63. The stock has a market cap of $63.25 billion, a P/E ratio of 37.45 and a beta of 1.37.

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).