Callan Capital LLC Has $22.13 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Callan Capital LLC cut its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,596 shares of the exchange traded fund’s stock after selling 627 shares during the period. Vanguard Information Technology ETF accounts for about 1.6% of Callan Capital LLC’s investment portfolio, making the stock its 16th biggest position. Callan Capital LLC’s holdings in Vanguard Information Technology ETF were worth $22,134,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Strategic Financial Concepts LLC boosted its position in Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in Vanguard Information Technology ETF by 311.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after buying an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after buying an additional 501,703 shares in the last quarter. Serenus Wealth Advisors LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $38,429,000. Finally, SteelPeak Wealth LLC boosted its position in Vanguard Information Technology ETF by 2,097.0% in the third quarter. SteelPeak Wealth LLC now owns 63,076 shares of the exchange traded fund’s stock valued at $37,053,000 after buying an additional 60,205 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.7 %

Shares of VGT stock opened at $624.14 on Friday. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The firm’s 50 day moving average is $629.41 and its 200-day moving average is $603.11. The firm has a market capitalization of $78.59 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41.

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).