Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 4,422 shares of the exchange traded fund’s stock after selling 80 shares during the period. Lodestar Private Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $2,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fairvoy Private Wealth LLC bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $966,000. Strategic Financial Concepts LLC increased its position in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after acquiring an additional 1,229,688 shares during the period. Consolidated Portfolio Review Corp increased its position in Vanguard Information Technology ETF by 7.4% in the 4th quarter. Consolidated Portfolio Review Corp now owns 2,558 shares of the exchange traded fund’s stock valued at $1,591,000 after acquiring an additional 176 shares during the period. Telos Capital Management Inc. bought a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $668,000. Finally, Silver Oak Securities Incorporated boosted its position in Vanguard Information Technology ETF by 2.3% during the 4th quarter. Silver Oak Securities Incorporated now owns 3,525 shares of the exchange traded fund’s stock worth $2,212,000 after acquiring an additional 78 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $627.03 on Friday. The stock has a market cap of $78.96 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The business has a fifty day moving average of $629.39 and a 200-day moving average of $597.71.

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).