Prudential PLC Sells 5,856 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Prudential PLC trimmed its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 62.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,583 shares of the exchange traded fund’s stock after selling 5,856 shares during the period. Prudential PLC’s holdings in Vanguard Information Technology ETF were worth $2,228,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its position in 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 valued at $58,000 after purchasing an additional 29 shares in the last quarter. Principal Securities Inc. grew 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 valued at $415,000 after acquiring an additional 113 shares in the last quarter. Carnegie Investment Counsel increased its position in shares of Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after acquiring an additional 117 shares during the last quarter. FMR LLC raised its holdings in Vanguard Information Technology ETF by 11.0% during the third 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 in the last quarter. Finally, Atlantic Family Wealth LLC acquired a new position in Vanguard Information Technology ETF during the fourth quarter valued at approximately $4,181,000.

Vanguard Information Technology ETF Stock Down 6.4 %

VGT stock opened at $478.60 on Monday. Vanguard Information Technology ETF has a twelve month low of $451.68 and a twelve month high of $648.76. The company has a market cap of $66.65 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23. The business has a 50 day moving average price of $589.52 and a two-hundred day moving average price of $605.75.

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 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).