Union Savings Bank Lowers Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Union Savings Bank cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,580 shares of the exchange traded fund’s stock after selling 48 shares during the quarter. Vanguard Information Technology ETF accounts for about 0.8% of Union Savings Bank’s holdings, making the stock its 24th biggest holding. Union Savings Bank’s holdings in Vanguard Information Technology ETF were worth $1,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after buying an additional 501,703 shares during the last quarter. LPL Financial LLC grew its holdings in shares of 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 purchasing an additional 26,845 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Information Technology ETF by 3.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506,703 shares of the exchange traded fund’s stock worth $292,185,000 after purchasing an additional 17,933 shares during the period. Stifel Financial Corp lifted its stake in Vanguard Information Technology ETF by 4.2% in the third quarter. Stifel Financial Corp now owns 390,136 shares of the exchange traded fund’s stock worth $228,842,000 after purchasing an additional 15,742 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in Vanguard Information Technology ETF by 1.1% during the third quarter. HighTower Advisors LLC now owns 332,140 shares of the exchange traded fund’s stock valued at $194,842,000 after buying an additional 3,774 shares during the period.

Vanguard Information Technology ETF Trading Up 1.5 %

VGT opened at $627.47 on Monday. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.66. The business’s 50-day moving average price is $627.16 and its 200-day moving average price is $594.89. The company has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41.

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).