Union Savings Bank Sells 48 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Union Savings Bank lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,580 shares of the exchange traded fund’s stock after selling 48 shares during the period. Vanguard Information Technology ETF comprises about 0.8% of Union Savings Bank’s portfolio, making the stock its 24th biggest position. Union Savings Bank’s holdings in Vanguard Information Technology ETF were worth $1,604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Morton Capital Management LLC CA grew its stake in Vanguard Information Technology ETF by 4.3% in the 3rd quarter. Morton Capital Management LLC CA now owns 410 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 17 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Signaturefd LLC now owns 1,528 shares of the exchange traded fund’s stock worth $896,000 after acquiring an additional 17 shares during the period. Corbyn Investment Management Inc. MD grew its position in shares of Vanguard Information Technology ETF by 1.1% in the third quarter. Corbyn Investment Management Inc. MD now owns 1,605 shares of the exchange traded fund’s stock valued at $941,000 after purchasing an additional 17 shares in the last quarter. Sovereign Financial Group Inc. raised its stake in shares of Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after purchasing an additional 17 shares during the period. Finally, Frank Rimerman Advisors LLC raised its stake in shares of Vanguard Information Technology ETF by 3.6% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 512 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 18 shares during the period.

Vanguard Information Technology ETF Stock Up 1.5 %

Shares of NYSEARCA VGT opened at $627.47 on Monday. The company has a market cap of $79.01 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.66. The business has a 50-day simple moving average of $627.16 and a two-hundred day simple moving average of $594.89.

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).