Penobscot Investment Management Company Inc. Has $521,000 Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Penobscot Investment Management Company Inc. grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 838 shares of the exchange traded fund’s stock after acquiring an additional 34 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Vanguard Information Technology ETF were worth $521,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sovereign Financial Group Inc. increased its position in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after purchasing an additional 17 shares during the period. Sfmg LLC boosted its stake in shares of Vanguard Information Technology ETF by 2.8% in the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 19 shares during the last quarter. Bare Financial Services Inc increased its position in shares of Vanguard Information Technology ETF by 2.1% during the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock worth $577,000 after buying an additional 19 shares during the period. Providence Capital Advisors LLC raised its stake in Vanguard Information Technology ETF by 7.0% during the third quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock worth $178,000 after buying an additional 20 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC lifted its holdings in Vanguard Information Technology ETF by 2.6% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock valued at $490,000 after buying an additional 20 shares during the period.

Vanguard Information Technology ETF Trading Down 2.4 %

Shares of Vanguard Information Technology ETF stock opened at $563.20 on Thursday. The business has a 50-day moving average price of $603.64 and a two-hundred day moving average price of $606.72. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The company has a market cap of $78.44 billion, a P/E ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

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