Citigroup Inc. Decreases Stake in Vanguard Information Technology ETF $VGT

Citigroup Inc. reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,506 shares of the exchange traded fund’s stock after selling 8,178 shares during the period. Citigroup Inc.’s holdings in Vanguard Information Technology ETF were worth $25,016,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in Vanguard Information Technology ETF by 34.9% during the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock worth $1,438,000 after purchasing an additional 598 shares during the last quarter. AQR Capital Management LLC raised its position in Vanguard Information Technology ETF by 80.9% during the first quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after acquiring an additional 1,854 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock valued at $61,288,000 after purchasing an additional 305 shares in the last quarter. Schnieders Capital Management LLC. grew its position in shares of Vanguard Information Technology ETF by 378.1% in the second quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 5,309 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vanguard Information Technology ETF in the second quarter valued at approximately $218,000.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $751.26 on Thursday. The business has a 50 day moving average price of $750.90 and a 200 day moving average price of $744.45. The company has a market capitalization of $112.42 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.