Financial Consulate Inc. Sells 52 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Financial Consulate Inc. decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,982 shares of the exchange traded fund’s stock after selling 52 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 0.3% of Financial Consulate Inc.’s investment portfolio, making the stock its 21st biggest holding. Financial Consulate Inc.’s holdings in Vanguard Information Technology ETF were worth $1,232,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Vanguard Information Technology ETF by 10.0% during 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 purchasing an additional 501,703 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Information Technology ETF by 39,912.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the last quarter. LPL Financial LLC increased its stake 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 worth $697,221,000 after purchasing an additional 26,845 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in shares of Vanguard Information Technology ETF by 4.2% during the 3rd 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.

Vanguard Information Technology ETF Stock Up 0.7 %

Shares of VGT stock opened at $644.10 on Wednesday. The company has a 50 day moving average of $628.98 and a 200-day moving average of $601.79. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm has a market cap of $81.11 billion, a P/E ratio of 36.30 and a beta of 1.41.

Vanguard Information Technology ETF Company 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).