Kesler Norman & Wride LLC Trims Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Kesler Norman & Wride LLC reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,562 shares of the exchange traded fund’s stock after selling 80 shares during the quarter. Vanguard Information Technology ETF accounts for about 1.4% of Kesler Norman & Wride LLC’s investment portfolio, making the stock its 20th largest position. Kesler Norman & Wride LLC’s holdings in Vanguard Information Technology ETF were worth $6,568,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VGT. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the last quarter. Principal Securities Inc. increased its holdings in shares of Vanguard Information Technology ETF by 20.4% in the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 113 shares during the last quarter. Carnegie Investment Counsel raised its position 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 buying an additional 117 shares in the last quarter. FMR LLC lifted its holdings in shares of Vanguard Information Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after acquiring an additional 6,396 shares during the last quarter. Finally, Atlantic Family Wealth LLC purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $4,181,000.

Vanguard Information Technology ETF Stock Up 0.8 %

NYSEARCA VGT opened at $546.94 on Wednesday. The stock’s 50-day simple moving average is $597.32 and its two-hundred day simple moving average is $606.82. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market capitalization of $76.17 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.7294 per share. The ex-dividend date of this dividend was 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).