Affiance Financial LLC Sells 16 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Affiance Financial LLC cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,669 shares of the exchange traded fund’s stock after selling 16 shares during the period. Affiance Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,660,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $30,000. St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $32,000. Finally, Halpern Financial Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $33,000.

Vanguard Information Technology ETF Stock Down 1.0 %

Shares of Vanguard Information Technology ETF stock opened at $640.13 on Friday. The company has a market capitalization of $80.61 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The stock’s fifty day moving average is $629.27 and its two-hundred day moving average is $596.39.

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).