Fifth Third Securities Inc. Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Fifth Third Securities Inc. decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,800 shares of the exchange traded fund’s stock after selling 1,219 shares during the period. Fifth Third Securities Inc.’s holdings in Vanguard Information Technology ETF were worth $7,959,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in VGT. St. Johns Investment Management Company LLC purchased a new stake in Vanguard Information Technology ETF during the 3rd quarter worth about $30,000. Peterson Financial Group Inc. purchased a new position in Vanguard Information Technology ETF in the 3rd quarter valued at about $30,000. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $30,000. Coastline Trust Co purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $32,000. Finally, Halpern Financial Inc. acquired a new position in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $33,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT opened at $619.90 on Friday. The firm has a market cap of $78.06 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The firm’s 50 day moving average price is $629.73 and its 200 day moving average price is $596.72.

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).