Clarkston Capital Partners LLC Decreases Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Clarkston Capital Partners LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 21.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 648 shares of the exchange traded fund’s stock after selling 173 shares during the quarter. Clarkston Capital Partners LLC’s holdings in Vanguard Information Technology ETF were worth $380,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Stonebridge Capital Advisors LLC bought a new stake in Vanguard Information Technology ETF during the first quarter valued at approximately $212,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at $1,238,000. Orion Portfolio Solutions LLC increased its stake in shares of Vanguard Information Technology ETF by 21.2% in the 1st quarter. Orion Portfolio Solutions LLC now owns 4,356 shares of the exchange traded fund’s stock worth $2,284,000 after purchasing an additional 761 shares in the last quarter. Vanguard Group Inc. raised its holdings in Vanguard Information Technology ETF by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 5,637 shares of the exchange traded fund’s stock worth $2,956,000 after purchasing an additional 179 shares during the period. Finally, Covestor Ltd lifted its position in Vanguard Information Technology ETF by 187.5% during the first quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 60 shares in the last quarter.

Vanguard Information Technology ETF Stock Down 2.4 %

VGT stock opened at $602.95 on Monday. The business’s 50-day moving average price is $591.06 and its 200-day moving average price is $570.24. The stock has a market cap of $75.92 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a twelve month low of $452.47 and a twelve month high of $626.45.

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).