FSA Advisors Inc. Cuts Stock Holdings in Vanguard Information Technology ETF $VGT

FSA Advisors Inc. reduced its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 96.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 306 shares of the exchange traded fund’s stock after selling 7,375 shares during the period. FSA Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Information Technology ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after buying an additional 252,341 shares in the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 2,151,255 shares of the exchange traded fund’s stock worth $1,621,574,000 after acquiring an additional 25,901 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Vanguard Information Technology ETF by 1.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,543,645 shares of the exchange traded fund’s stock worth $1,163,569,000 after acquiring an additional 18,634 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard Information Technology ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 1,301,922 shares of the exchange traded fund’s stock valued at $981,363,000 after acquiring an additional 39,217 shares during the period. Finally, Focus Partners Wealth grew its position in shares of Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after acquiring an additional 571,488 shares during the period.

Vanguard Information Technology ETF Stock Down 1.0%

Shares of Vanguard Information Technology ETF stock opened at $113.10 on Friday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The business has a 50-day moving average price of $116.67 and a 200 day moving average price of $102.03. The firm has a market cap of $138.65 billion, a PE ratio of 34.55 and a beta of 1.34.

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.