Thrivent Financial for Lutherans Sells 36 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Thrivent Financial for Lutherans reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Get Rating) by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,064 shares of the exchange traded fund’s stock after selling 36 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Information Technology ETF were worth $979,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Glassy Mountain Advisors Inc. bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at about $26,000. Psagot Value Holdings Ltd. Israel bought a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Tower Research Capital LLC TRC purchased a new stake in Vanguard Information Technology ETF during the third quarter valued at approximately $30,000. Gradient Investments LLC boosted its stake in shares of Vanguard Information Technology ETF by 145.5% during the 4th quarter. Gradient Investments LLC now owns 108 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 64 shares during the last quarter. Finally, Global Wealth Strategies & Associates purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth $37,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $396.14 on Wednesday. The firm has a market capitalization of $48.33 billion, a price-to-earnings ratio of 24.70 and a beta of 1.16. The business has a fifty day moving average price of $380.24 and a 200-day moving average price of $355.18. Vanguard Information Technology ETF has a one year low of $291.61 and a one year high of $403.46.

About Vanguard Information Technology ETF

(Get Rating)

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).