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

Fortis Capital Advisors LLC lessened its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 13.1% during the fourth quarter, HoldingsChannel reports. The firm 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 hedge funds have also made changes to their positions in VGT. Rockefeller Capital Management L.P. boosted its position in Vanguard Information Technology ETF by 6.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 243,473 shares of the exchange traded fund’s stock worth $151,275,000 after purchasing an additional 14,068 shares during the period. KDK Private Wealth Management LLC purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $1,902,000. Glass Jacobson Investment Advisors llc raised its holdings in Vanguard Information Technology ETF by 50.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 814 shares of the exchange traded fund’s stock valued at $506,000 after acquiring an additional 274 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its stake in shares of Vanguard Information Technology ETF by 41.8% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 824 shares of the exchange traded fund’s stock valued at $512,000 after purchasing an additional 243 shares in the last quarter. Finally, Family Office Research LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $332,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA VGT opened at $520.14 on Friday. The firm has a market capitalization of $72.43 billion, a PE ratio of 32.38 and a beta of 1.23. The company has a 50-day simple moving average of $573.63 and a 200-day simple moving average of $601.62. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.7294 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Information Technology ETF 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).