Lokken Investment Group LLC Has $295,000 Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Lokken Investment Group LLC decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 475 shares of the exchange traded fund’s stock after selling 67 shares during the quarter. Lokken Investment Group LLC’s holdings in Vanguard Information Technology ETF were worth $295,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Zions Bancorporation N.A. grew its stake in shares of Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $27,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $542.38 on Tuesday. The company has a 50-day simple moving average of $599.04 and a 200 day simple moving average of $606.98. The company has a market capitalization of $75.54 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.7294 dividend. The ex-dividend date 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).