Folger Nolan Fleming Douglas Capital Management Inc. Has $107.54 Million Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

by · The Cerbat Gem

Folger Nolan Fleming Douglas Capital Management Inc. lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGTFree Report) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,345 shares of the exchange traded fund’s stock after selling 1,394 shares during the period. Vanguard Information Technology ETF comprises 10.6% of Folger Nolan Fleming Douglas Capital Management Inc.’s holdings, making the stock its biggest holding. Folger Nolan Fleming Douglas Capital Management Inc. owned approximately 0.15% of Vanguard Information Technology ETF worth $107,536,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Stonebridge Capital Advisors LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 1st quarter valued at $212,000. Diversified Trust Co acquired a new stake in shares of Vanguard Information Technology ETF during the first quarter valued at about $215,000. Kovack Advisors Inc. grew its holdings in shares of Vanguard Information Technology ETF by 3.7% during the first quarter. Kovack Advisors Inc. now owns 2,975 shares of the exchange traded fund’s stock worth $1,560,000 after purchasing an additional 105 shares during the last quarter. Cornerstone Wealth Management LLC increased its stake in shares of Vanguard Information Technology ETF by 6.6% in the first quarter. Cornerstone Wealth Management LLC now owns 3,641 shares of the exchange traded fund’s stock valued at $1,909,000 after buying an additional 227 shares during the period. Finally, Teamwork Financial Advisors LLC bought a new position in Vanguard Information Technology ETF in the 1st quarter valued at approximately $205,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $602.14 on Thursday. Vanguard Information Technology ETF has a one year low of $401.89 and a one year high of $612.05. The company has a market cap of $75.82 billion, a PE ratio of 36.30 and a beta of 1.41. The firm’s 50 day simple moving average is $580.37 and its 200 day simple moving average is $560.30.

About Vanguard Information Technology ETF

(Free Report)

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).

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