Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,921 shares of the exchange traded fund’s stock after selling 40 shares during the quarter. FineMark National Bank & Trust’s holdings in Vanguard Information Technology ETF were worth $1,194,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of 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 valued at $58,000 after acquiring an additional 29 shares during the period. Principal Securities Inc. raised its position in 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 valued at $415,000 after purchasing an additional 113 shares during the period. Carnegie Investment Counsel lifted its stake in Vanguard Information Technology ETF by 5.4% during 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 in the last quarter. FMR LLC boosted its position in shares of Vanguard Information Technology ETF by 11.0% during 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 acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at $4,181,000.

Vanguard Information Technology ETF Trading Up 0.3 %

VGT opened at $577.08 on Wednesday. The stock’s 50-day moving average price is $604.85 and its 200 day moving average price is $607.03. 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 $80.38 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.7294 per share. The ex-dividend date is 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).