Kwmg LLC Sells 917 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Kwmg LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,125 shares of the exchange traded fund’s stock after selling 917 shares during the period. Vanguard Information Technology ETF comprises 1.4% of Kwmg LLC’s investment portfolio, making the stock its 21st largest position. Kwmg LLC’s holdings in Vanguard Information Technology ETF were worth $13,757,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Thoroughbred Financial Services LLC increased its holdings in shares of Vanguard Information Technology ETF by 19.4% in the second quarter. Thoroughbred Financial Services LLC now owns 616 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 100 shares during the period. Wealthspire Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 28.7% in the second quarter. Wealthspire Advisors LLC now owns 4,949 shares of the exchange traded fund’s stock valued at $2,854,000 after acquiring an additional 1,105 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Information Technology ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 501,842 shares of the exchange traded fund’s stock valued at $289,357,000 after purchasing an additional 4,910 shares during the period. Inspire Advisors LLC bought a new position in Vanguard Information Technology ETF in the 2nd quarter worth $485,000. Finally, Diversify Wealth Management LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $7,310,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA VGT traded down $4.88 during midday trading on Monday, hitting $608.56. 749,508 shares of the company traded hands, compared to its average volume of 680,209. Vanguard Information Technology ETF has a 12-month low of $473.89 and a 12-month high of $648.66. The firm has a market cap of $76.63 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock has a 50-day moving average price of $626.27 and a 200 day moving average price of $593.70.

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).