Sanctuary Wealth Management L.L.C. Lowers Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Sanctuary Wealth Management L.L.C. decreased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,223 shares of the exchange traded fund’s stock after selling 93 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 2.6% of Sanctuary Wealth Management L.L.C.’s portfolio, making the stock its 13th largest position. Sanctuary Wealth Management L.L.C.’s holdings in Vanguard Information Technology ETF were worth $3,869,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. increased its stake in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after buying an additional 17 shares during the period. Sfmg LLC increased its position in shares of Vanguard Information Technology ETF by 2.8% during the third quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 19 shares during the period. Bare Financial Services Inc raised its stake in shares of Vanguard Information Technology ETF by 2.1% in the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock valued at $577,000 after acquiring an additional 19 shares in the last quarter. Hamilton Point Investment Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 2.6% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock valued at $490,000 after purchasing an additional 20 shares during the period. Finally, Hemington Wealth Management grew its stake in Vanguard Information Technology ETF by 16.8% during the 4th quarter. Hemington Wealth Management now owns 139 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

VGT stock opened at $543.24 on Friday. The business’s 50-day moving average is $600.74 and its two-hundred day moving average is $606.82. The firm has a market capitalization of $75.66 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.7294 dividend. 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).