Bradley Foster & Sargent Inc. CT Reduces Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bradley Foster & Sargent Inc. CT trimmed its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,443 shares of the exchange traded fund’s stock after selling 100 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Vanguard Information Technology ETF were worth $2,763,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGT. SG Americas Securities LLC purchased a new stake in Vanguard Information Technology ETF in the 3rd quarter valued at about $110,000. Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 3,278 shares of the exchange traded fund’s stock valued at $1,923,000 after acquiring an additional 202 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock valued at $896,000 after purchasing an additional 17 shares during the period. Eastern Bank purchased a new stake in shares of Vanguard Information Technology ETF in the third quarter valued at approximately $269,000. Finally, Greenleaf Trust grew its stake in Vanguard Information Technology ETF by 13.6% in the third quarter. Greenleaf Trust now owns 1,667 shares of the exchange traded fund’s stock worth $978,000 after purchasing an additional 200 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 2.7 %

VGT opened at $624.14 on Friday. The stock’s fifty day moving average is $629.41 and its two-hundred day moving average is $603.11. The company has a market capitalization of $78.59 billion, a P/E 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.

Vanguard Information Technology ETF 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).