Folger Nolan Fleming Douglas Capital Management Inc. Sells 2,689 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 188,821 shares of the exchange traded fund’s stock after selling 2,689 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 10.0% of Folger Nolan Fleming Douglas Capital Management Inc.’s holdings, making the stock its largest holding. Folger Nolan Fleming Douglas Capital Management Inc. owned 0.16% of Vanguard Information Technology ETF worth $91,390,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VGT. Bfsg LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $29,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $36,000. Aspire Private Capital LLC acquired a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $37,000. Finally, Horizons Wealth Management acquired a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $37,000.

Vanguard Information Technology ETF Trading Up 1.7 %

Shares of NYSEARCA VGT traded up $8.50 during mid-day trading on Friday, hitting $503.94. The company had a trading volume of 364,431 shares, compared to its average volume of 493,722. The company has a market capitalization of $63.46 billion, a PE ratio of 37.45 and a beta of 1.37. The firm has a 50-day simple moving average of $514.86 and a two-hundred day simple moving average of $483.23. Vanguard Information Technology ETF has a one year low of $374.52 and a one year high of $536.63.

Vanguard Information Technology ETF 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).