Kesler Norman & Wride LLC Cuts Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kesler Norman & Wride LLC lowered its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,562 shares of the exchange traded fund’s stock after selling 80 shares during the period. Vanguard Information Technology ETF makes up approximately 1.4% of Kesler Norman & Wride LLC’s holdings, making the stock its 20th largest holding. Kesler Norman & Wride LLC’s holdings in Vanguard Information Technology ETF were worth $6,568,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of VGT. Thurston Springer Miller Herd & Titak Inc. increased its stake in Vanguard Information Technology ETF by 45.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. grew its holdings in shares of Vanguard Information Technology ETF by 20.4% in the fourth 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 grew its holdings in shares of Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after purchasing an additional 117 shares during the last quarter. FMR LLC increased its stake in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after buying an additional 6,396 shares during the period. Finally, Atlantic Family Wealth LLC purchased a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $4,181,000.

Vanguard Information Technology ETF Stock Up 0.8 %

Shares of Vanguard Information Technology ETF stock opened at $546.94 on Wednesday. The company’s fifty day simple moving average is $597.32 and its two-hundred day simple moving average is $606.82. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm has a market cap of $76.17 billion, a PE ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The firm 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 of this dividend 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).