M&T Bank Corp Sells 9,638 Shares of Vanguard Information Technology ETF $VGT

M&T Bank Corp decreased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,421 shares of the exchange traded fund’s stock after selling 9,638 shares during the quarter. M&T Bank Corp owned approximately 0.09% of Vanguard Information Technology ETF worth $104,096,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. China Universal Asset Management Co. Ltd. boosted its holdings in Vanguard Information Technology ETF by 110.5% during the second quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 21 shares during the period. First Command Advisory Services Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth about $31,000. Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $31,000. Tripletail Wealth Management LLC acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $40,000. Finally, Ramirez Asset Management Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth about $39,000.

Vanguard Information Technology ETF Stock Down 0.9%

Shares of NYSEARCA:VGT opened at $714.44 on Friday. The company has a market cap of $106.91 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The business has a 50 day moving average price of $743.59 and a 200 day moving average price of $746.83. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $806.99.

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.