Signature Estate & Investment Advisors LLC Sells 260 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Signature Estate & Investment Advisors LLC reduced its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,390 shares of the exchange traded fund’s stock after selling 260 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $5,838,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VGT. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares during the period. LPL Financial LLC boosted its holdings in shares of Vanguard Information Technology ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock valued at $824,430,000 after buying an additional 137,134 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after buying an additional 1,229,688 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth about $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after acquiring an additional 510,798 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $575.39 on Tuesday. The firm has a market capitalization of $80.14 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The company’s 50-day simple moving average is $605.50 and its 200 day simple moving average is $606.72.

Vanguard Information Technology ETF Cuts Dividend

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