BIP Wealth LLC Has $1.30 Million Holdings in Vanguard Information Technology ETF $VGT

BIP Wealth LLC trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 88.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,866 shares of the exchange traded fund’s stock after selling 14,284 shares during the quarter. BIP Wealth LLC’s holdings in Vanguard Information Technology ETF were worth $1,302,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of VGT. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Wells Financial Advisors INC bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. Strategic Advocates LLC acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $30,000. Finally, RHL Group LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter valued at $31,000.

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $114.64 on Friday. The firm has a market cap of $139.46 billion, a P/E ratio of 34.55 and a beta of 1.34. The business’s fifty day moving average is $114.65 and its two-hundred day moving average is $100.53. Vanguard Information Technology ETF has a 52 week low of $83.00 and a 52 week high of $126.00.

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.