Belpointe Asset Management LLC Sells 369 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Belpointe Asset Management LLC decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,690 shares of the exchange traded fund’s stock after selling 369 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $8,432,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 29 shares during the period. Principal Securities Inc. grew its position in shares of Vanguard Information Technology ETF by 20.4% in the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares in the last quarter. Carnegie Investment Counsel raised its stake in shares of Vanguard Information Technology ETF by 5.4% during the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the period. Atlantic Family Wealth LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter worth about $4,181,000. Finally, Consolidated Portfolio Review Corp boosted its stake in Vanguard Information Technology ETF by 7.4% in the 4th quarter. Consolidated Portfolio Review Corp now owns 2,558 shares of the exchange traded fund’s stock worth $1,591,000 after purchasing an additional 176 shares during the period.

Vanguard Information Technology ETF Stock Up 2.0 %

Shares of VGT opened at $520.14 on Monday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76. The stock has a market cap of $72.43 billion, a PE ratio of 32.38 and a beta of 1.23. The business’s 50-day moving average price is $573.63 and its 200-day moving average price is $601.70.

Vanguard Information Technology ETF Cuts Dividend

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