Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Sold by Visionary Asset Management Inc.

Visionary Asset Management Inc. trimmed its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,858 shares of the exchange traded fund’s stock after selling 1,744 shares during the period. Vanguard Information Technology ETF comprises about 1.1% of Visionary Asset Management Inc.’s portfolio, making the stock its 9th biggest position. Visionary Asset Management Inc.’s holdings in Vanguard Information Technology ETF were worth $3,930,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 20.4% in the third quarter. Ameriprise Financial Inc. now owns 2,236,477 shares of the exchange traded fund’s stock valued at $339,796,000 after acquiring an additional 378,720 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 37.8% during the third quarter. JPMorgan Chase & Co. now owns 2,060,585 shares of the exchange traded fund’s stock worth $311,231,000 after purchasing an additional 565,442 shares during the period. Beacon Capital Management Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 1.9% during the third quarter. Beacon Capital Management Inc. now owns 1,221,389 shares of the exchange traded fund’s stock worth $185,639,000 after purchasing an additional 22,878 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Vanguard Information Technology ETF by 47.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 849,683 shares of the exchange traded fund’s stock worth $129,496,000 after purchasing an additional 275,011 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 5.4% during the second quarter. PNC Financial Services Group Inc. now owns 429,330 shares of the exchange traded fund’s stock worth $60,468,000 after purchasing an additional 21,931 shares during the period.

Shares of Vanguard Information Technology ETF (NYSEARCA VGT) traded down $0.86 during midday trading on Friday, hitting $164.73. The company had a trading volume of 82,332 shares. Vanguard Information Technology ETF has a 52-week low of $121.20 and a 52-week high of $168.23. The firm has a market capitalization of $17,220.00 and a P/E ratio of 6.59.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Friday, December 15th were issued a $0.437 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.75 dividend on an annualized basis and a yield of 1.06%. This is an increase from Vanguard Information Technology ETF’s previous quarterly dividend of $0.42. Vanguard Information Technology ETF’s dividend payout ratio (DPR) is 6.53%.

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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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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