Heritage Wealth Management Inc. CA Reduces Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Heritage Wealth Management Inc. CA cut its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 360 shares of the exchange traded fund’s stock after selling 30 shares during the quarter. Heritage Wealth Management Inc. CA’s holdings in Vanguard Information Technology ETF were worth $224,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC increased its position in shares of Vanguard Information Technology ETF by 39,912.0% in 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 acquiring an additional 1,229,688 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $494,903,000. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Vanguard Information Technology ETF by 311.5% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock worth $419,585,000 after purchasing an additional 510,798 shares during the period. JPMorgan Chase & Co. boosted its position in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after buying an additional 501,703 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in Vanguard Information Technology ETF by 621.3% in the 4th quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock worth $134,371,000 after buying an additional 186,139 shares during the period.

Vanguard Information Technology ETF Trading Up 1.9 %

VGT opened at $575.39 on Tuesday. The firm has a 50 day moving average of $605.50 and a two-hundred day moving average of $606.72. The firm has a market capitalization of $80.14 billion, a PE ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a dividend of $0.7294 per share. The ex-dividend date of this dividend is 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).