Vanguard Information Technology ETF (NYSEARCA:VGT) is Sebold Capital Management Inc.’s 7th Largest Position

Sebold Capital Management Inc. lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,375 shares of the exchange traded fund’s stock after selling 2,095 shares during the period. Vanguard Information Technology ETF makes up 4.1% of Sebold Capital Management Inc.’s investment portfolio, making the stock its 7th largest position. Sebold Capital Management Inc.’s holdings in Vanguard Information Technology ETF were worth $5,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Moneta Group Investment Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 73,743.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,635,747 shares of the exchange traded fund’s stock worth $1,800,114,000 after buying an additional 5,628,115 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Information Technology ETF by 0.8% in the third quarter. JPMorgan Chase & Co. now owns 4,868,466 shares of the exchange traded fund’s stock worth $2,019,927,000 after acquiring an additional 36,740 shares during the period. Morgan Stanley increased its stake in shares of Vanguard Information Technology ETF by 1.3% in the third quarter. Morgan Stanley now owns 1,861,916 shares of the exchange traded fund’s stock worth $772,509,000 after acquiring an additional 23,227 shares during the period. LPL Financial LLC increased its stake in shares of Vanguard Information Technology ETF by 6.0% in the third quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock worth $429,844,000 after acquiring an additional 58,893 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Vanguard Information Technology ETF by 14.4% in the third quarter. Ameriprise Financial Inc. now owns 682,089 shares of the exchange traded fund’s stock worth $282,830,000 after acquiring an additional 85,685 shares during the period.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $525.12 on Thursday. The firm has a market capitalization of $62.72 billion, a P/E ratio of 24.70 and a beta of 1.16. Vanguard Information Technology ETF has a 1-year low of $364.88 and a 1-year high of $536.63. The company’s fifty day moving average price is $513.17 and its 200-day moving average price is $469.81.

Vanguard Information Technology ETF Company 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).