Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 378,298 shares of the exchange traded fund’s stock after selling 12,681 shares during the period. Raymond James & Associates owned about 0.30% of Vanguard Information Technology ETF worth $198,357,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. International Assets Investment Management LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $692,917,000. Beacon Capital Management Inc. raised its stake in Vanguard Information Technology ETF by 189.0% during the 1st quarter. Beacon Capital Management Inc. now owns 317,241 shares of the exchange traded fund’s stock valued at $166,685,000 after purchasing an additional 207,468 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Vanguard Information Technology ETF by 14.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock valued at $282,830,000 after purchasing an additional 85,685 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Information Technology ETF by 20.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock valued at $194,586,000 after purchasing an additional 80,145 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its stake in Vanguard Information Technology ETF by 73.1% during the fourth quarter. Annex Advisory Services LLC now owns 188,711 shares of the exchange traded fund’s stock worth $91,337,000 after buying an additional 79,719 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock traded up $8.50 during mid-day trading on Friday, reaching $503.94. The company’s stock had a trading volume of 364,431 shares, compared to its average volume of 493,722. Vanguard Information Technology ETF has a 1-year low of $374.52 and a 1-year high of $536.63. The company has a market cap of $63.46 billion, a P/E ratio of 37.45 and a beta of 1.37. The firm’s 50-day moving average is $514.86 and its two-hundred day moving average is $483.99.

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).