Rikoon Group LLC reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,565 shares of the exchange traded fund’s stock after selling 117 shares during the period. Rikoon Group LLC’s holdings in Vanguard Information Technology ETF were worth $786,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VGT. Armor Investment Advisors LLC raised its position in Vanguard Information Technology ETF by 1.4% in the second quarter. Armor Investment Advisors LLC now owns 1,065 shares of the exchange traded fund’s stock worth $150,000 after acquiring an additional 15 shares during the period. ZWJ Investment Counsel Inc. raised its position in Vanguard Information Technology ETF by 0.5% in the second quarter. ZWJ Investment Counsel Inc. now owns 5,025 shares of the exchange traded fund’s stock worth $708,000 after acquiring an additional 25 shares during the period. Oppenheimer & Co. Inc. raised its position in Vanguard Information Technology ETF by 0.6% in the second quarter. Oppenheimer & Co. Inc. now owns 10,064 shares of the exchange traded fund’s stock worth $1,417,000 after acquiring an additional 64 shares during the period. Clearwater Capital Partners LLC raised its position in Vanguard Information Technology ETF by 3.5% in the second quarter. Clearwater Capital Partners LLC now owns 1,910 shares of the exchange traded fund’s stock worth $273,000 after acquiring an additional 64 shares during the period. Finally, Smith Salley & Associates raised its position in Vanguard Information Technology ETF by 0.4% in the second quarter. Smith Salley & Associates now owns 18,688 shares of the exchange traded fund’s stock worth $2,632,000 after acquiring an additional 83 shares during the period.

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Shares of Vanguard Information Technology ETF (NYSEARCA:VGT) traded up 0.46% during mid-day trading on Friday, reaching $156.53. 303,112 shares of the company’s stock traded hands. Vanguard Information Technology ETF has a 12-month low of $116.34 and a 12-month high of $156.86. The firm’s 50 day moving average price is $151.87 and its 200-day moving average price is $145.06.

The business also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Thursday, September 28th were paid a dividend of $0.419 per share. The ex-dividend date of this dividend was Wednesday, September 27th. This represents a $1.68 annualized dividend and a yield of 1.07%. This is a boost from Vanguard Information Technology ETF’s previous quarterly dividend of $0.41.

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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

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