Financial Counselors Inc. Sells 536 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Financial Counselors Inc. reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,542 shares of the exchange traded fund’s stock after selling 536 shares during the quarter. Financial Counselors Inc.’s holdings in Vanguard Information Technology ETF were worth $1,857,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Cooper Financial Group bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $234,000. Patriot Financial Group Insurance Agency LLC grew its position in shares of Vanguard Information Technology ETF by 19.3% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 944 shares of the exchange traded fund’s stock valued at $457,000 after purchasing an additional 153 shares in the last quarter. TKG Advisors LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $210,000. Traynor Capital Management Inc. grew its position in shares of Vanguard Information Technology ETF by 17.7% during the first quarter. Traynor Capital Management Inc. now owns 1,268 shares of the exchange traded fund’s stock valued at $665,000 after purchasing an additional 191 shares in the last quarter. Finally, Connectus Wealth LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $224,000.

Vanguard Information Technology ETF Stock Down 0.2 %

Shares of Vanguard Information Technology ETF stock opened at $598.64 on Wednesday. The firm has a market cap of $75.38 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The business has a 50-day moving average price of $552.92 and a 200-day moving average price of $522.16. Vanguard Information Technology ETF has a twelve month low of $397.76 and a twelve month high of $603.05.

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).