Sumitomo Mitsui Financial Group Inc. Sells 716 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Sumitomo Mitsui Financial Group Inc. lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,080 shares of the exchange traded fund’s stock after selling 716 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Information Technology ETF were worth $9,377,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 4.9% in the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after acquiring an additional 271,622 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Vanguard Information Technology ETF by 10.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock valued at $941,773,000 after purchasing an additional 144,217 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard Information Technology ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock valued at $824,430,000 after purchasing an additional 137,134 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth $494,903,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $478.60 on Monday. Vanguard Information Technology ETF has a 1 year low of $451.68 and a 1 year high of $648.76. The stock’s fifty day moving average price is $589.52 and its two-hundred day moving average price is $605.75. The firm has a market cap of $66.65 billion, a PE ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.7294 dividend. The ex-dividend date was Tuesday, March 25th.

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).