Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by TAP Consulting LLC

TAP Consulting LLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 439 shares of the exchange traded fund’s stock after selling 77 shares during the quarter. TAP Consulting LLC’s holdings in Vanguard Information Technology ETF were worth $213,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Simplex Trading LLC raised its holdings in shares of Vanguard Information Technology ETF by 31.1% in the 4th quarter. Simplex Trading LLC now owns 6,997 shares of the exchange traded fund’s stock valued at $3,386,000 after purchasing an additional 1,661 shares in the last quarter. Abbrea Capital LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $220,000. Bfsg LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. Fountainhead AM LLC raised its holdings in shares of Vanguard Information Technology ETF by 20.1% in the 4th quarter. Fountainhead AM LLC now owns 1,813 shares of the exchange traded fund’s stock valued at $878,000 after purchasing an additional 303 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $69,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT traded up $8.46 during midday trading on Friday, reaching $503.90. The stock had a trading volume of 364,328 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’s fifty day simple moving average is $514.97 and its two-hundred day simple moving average is $482.69. The company has a market cap of $63.45 billion, a price-to-earnings ratio of 37.45 and a beta of 1.37.

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).