Mmbg Investment Advisors CO. Has $4.72 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Mmbg Investment Advisors CO. lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,760 shares of the exchange traded fund’s stock after selling 180 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in Vanguard Information Technology ETF were worth $4,724,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGT. Bfsg LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $27,000. Signature Resources Capital Management LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $28,000. OLD Second National Bank of Aurora acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $29,000. Wetzel Investment Advisors Inc. acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $36,000. Finally, Horizons Wealth Management acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth about $37,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock traded up $2.23 on Monday, hitting $552.08. The stock had a trading volume of 322,900 shares, compared to its average volume of 456,094. The stock has a 50 day moving average of $520.62 and a 200 day moving average of $505.58. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $553.98. The firm has a market capitalization of $69.52 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Profile

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).