Cherry Tree Wealth Management LLC Sells 26 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Cherry Tree Wealth Management LLC lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 256 shares of the exchange traded fund’s stock after selling 26 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $124,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $692,917,000. Ameriprise Financial Inc. increased its position in 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 purchasing an additional 85,685 shares during the period. Envestnet Asset Management Inc. raised its holdings in Vanguard Information Technology ETF by 20.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 468,994 shares of the exchange traded fund’s stock worth $194,586,000 after purchasing an additional 80,145 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Information Technology ETF by 6.0% during the 3rd quarter. LPL Financial LLC now owns 1,036,018 shares of the exchange traded fund’s stock valued at $429,844,000 after purchasing an additional 58,893 shares during the period. Finally, Comerica Bank bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $20,488,000.

Vanguard Information Technology ETF Trading Down 0.4 %

Shares of NYSEARCA:VGT traded down $2.09 during trading on Tuesday, hitting $514.74. 243,321 shares of the company’s stock were exchanged, compared to its average volume of 481,516. The firm has a market cap of $64.82 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm has a 50-day moving average price of $514.05 and a two-hundred day moving average price of $488.03. Vanguard Information Technology ETF has a 1-year low of $382.70 and a 1-year high of $536.63.

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).