Focused Wealth Management Inc Has $5.10 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Focused Wealth Management Inc reduced its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 19.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,136 shares of the exchange traded fund’s stock after selling 6,836 shares during the period. Vanguard Information Technology ETF accounts for about 1.8% of Focused Wealth Management Inc’s investment portfolio, making the stock its 11th largest position. Focused Wealth Management Inc’s holdings in Vanguard Information Technology ETF were worth $5,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in VGT. KCM Investment Advisors LLC lifted its holdings in shares of Vanguard Information Technology ETF by 39.5% during the 1st quarter. KCM Investment Advisors LLC now owns 16,036 shares of the exchange traded fund’s stock worth $2,742,000 after acquiring an additional 4,540 shares during the period. Private Advisor Group LLC raised its holdings in Vanguard Information Technology ETF by 23.3% in the first quarter. Private Advisor Group LLC now owns 30,298 shares of the exchange traded fund’s stock valued at $5,181,000 after buying an additional 5,721 shares during the period. Cetera Advisor Networks LLC raised its holdings in Vanguard Information Technology ETF by 3.1% in the first quarter. Cetera Advisor Networks LLC now owns 42,188 shares of the exchange traded fund’s stock valued at $7,212,000 after buying an additional 1,282 shares during the period. Optimum Investment Advisors raised its holdings in Vanguard Information Technology ETF by 6.3% in the first quarter. Optimum Investment Advisors now owns 6,165 shares of the exchange traded fund’s stock valued at $1,054,000 after buying an additional 363 shares during the period. Finally, Advisors Capital Management LLC raised its holdings in Vanguard Information Technology ETF by 387.4% in the first quarter. Advisors Capital Management LLC now owns 6,346 shares of the exchange traded fund’s stock valued at $1,085,000 after buying an additional 5,044 shares during the period.

NYSEARCA VGT opened at $194.76 on Tuesday. Vanguard Information Technology ETF has a one year low of $154.33 and a one year high of $204.44.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 27th. Investors of record on Tuesday, September 25th were issued a $0.6488 dividend. This is a positive change from Vanguard Information Technology ETF’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Monday, September 24th. This represents a $2.60 annualized dividend and a yield of 1.33%.

Vanguard Information Technology ETF Company 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).

See Also: Return on Equity (ROE)

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

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