DF Dent & Co. Inc. Cuts Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

DF Dent & Co. Inc. trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 572 shares of the exchange traded fund’s stock after selling 486 shares during the quarter. DF Dent & Co. Inc.’s holdings in Vanguard Information Technology ETF were worth $356,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Zions Bancorporation N.A. increased its position in shares of Vanguard Information Technology ETF by 150.0% during the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Crowley Wealth Management Inc. purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth about $27,000. Brooklyn Investment Group bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $30,000. Kentucky Trust Co purchased a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Finally, Briaud Financial Planning Inc bought a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Stock Down 7.2 %

Vanguard Information Technology ETF stock opened at $511.50 on Friday. The firm has a 50 day moving average price of $592.75 and a 200-day moving average price of $605.77. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market capitalization of $71.23 billion, a P/E ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued 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).