RiverFront Investment Group LLC Has $1.34 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

RiverFront Investment Group LLC lessened its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.8% in the fourth quarter, HoldingsChannel reports. The firm owned 2,160 shares of the exchange traded fund’s stock after selling 157 shares during the period. RiverFront Investment Group LLC’s holdings in Vanguard Information Technology ETF were worth $1,343,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Sovereign Financial Group Inc. lifted its position in Vanguard Information Technology ETF by 0.9% in 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 acquiring an additional 17 shares in the last quarter. Sfmg LLC boosted its position in shares of Vanguard Information Technology ETF by 2.8% in the third quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock valued at $411,000 after acquiring an additional 19 shares during the period. Bare Financial Services Inc grew its position in shares of Vanguard Information Technology ETF by 2.1% during the 4th quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 19 shares in the last quarter. Hamilton Point Investment Advisors LLC raised its position in shares of 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 in the last quarter. Finally, Hemington Wealth Management boosted its stake in shares of Vanguard Information Technology ETF by 16.8% in the fourth quarter. Hemington Wealth Management now owns 139 shares of the exchange traded fund’s stock valued at $86,000 after buying an additional 20 shares during the period.

Vanguard Information Technology ETF Stock Down 2.5 %

VGT stock opened at $543.24 on Friday. Vanguard Information Technology ETF has a 52 week low of $478.25 and a 52 week high of $648.76. The company has a market cap of $75.66 billion, a PE ratio of 33.62 and a beta of 1.17. The business has a 50-day simple moving average of $600.74 and a 200 day simple moving average of $606.40.

Vanguard Information Technology ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.7294 dividend. The ex-dividend date was Tuesday, March 25th.

Vanguard Information Technology ETF Company 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).