Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 789 shares of the exchange traded fund’s stock after selling 119 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $453,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VGT. Thurston Springer Miller Herd & Titak Inc. raised its position in Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 29 shares during the last quarter. Principal Securities Inc. raised its position in shares of Vanguard Information Technology ETF by 20.4% during the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 113 shares during the last quarter. Carnegie Investment Counsel lifted its stake in Vanguard Information Technology ETF by 5.4% in the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after buying an additional 117 shares in the last quarter. Atlantic Family Wealth LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $4,181,000. Finally, Consolidated Portfolio Review Corp increased its position in Vanguard Information Technology ETF by 7.4% during the fourth quarter. Consolidated Portfolio Review Corp now owns 2,558 shares of the exchange traded fund’s stock worth $1,591,000 after buying an additional 176 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 2.0 %

NYSEARCA VGT opened at $520.14 on Friday. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $648.76. The business has a fifty day moving average of $573.63 and a 200-day moving average of $601.62. The stock has a market cap of $72.43 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced 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.

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).