Citigroup Inc. Has $25.02 Million Stock Position in Vanguard Information Technology ETF $VGT

Citigroup Inc. cut its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,506 shares of the exchange traded fund’s stock after selling 8,178 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Information Technology ETF were worth $25,016,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,192,082 shares of the exchange traded fund’s stock valued at $4,107,085,000 after buying an additional 66,303 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 210,235.8% in the second quarter. Laurel Wealth Advisors LLC now owns 1,487,074 shares of the exchange traded fund’s stock valued at $986,346,000 after purchasing an additional 1,486,367 shares during the last quarter. Raymond James Financial Inc. increased its position in Vanguard Information Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 839,978 shares of the exchange traded fund’s stock worth $557,140,000 after buying an additional 51,543 shares during the period. PGIM Custom Harvest LLC increased its position in Vanguard Information Technology ETF by 48.7% during the second quarter. PGIM Custom Harvest LLC now owns 781,415 shares of the exchange traded fund’s stock worth $518,297,000 after acquiring an additional 255,787 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Vanguard Information Technology ETF by 2.8% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock valued at $552,305,000 after buying an additional 20,182 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $751.26 on Thursday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99. The company has a 50-day moving average of $750.90 and a 200-day moving average of $744.45. The company has a market capitalization of $112.42 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

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). 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.