Vanguard Information Technology ETF (NYSEARCA:VGT) Position Trimmed by Dubuque Bank & Trust Co.

Dubuque Bank & Trust Co. cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,197 shares of the exchange traded fund’s stock after selling 1,100 shares during the quarter. Dubuque Bank & Trust Co.’s holdings in Vanguard Information Technology ETF were worth $2,848,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Deutsche Bank AG purchased a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $18,663,000. Liberty Wealth Management LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $952,000. Pinnacle Bank bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $58,000. Jackson Hole Capital Partners LLC bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $194,000. Finally, Financial Insights Inc. bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at about $236,000.

VGT traded up $0.63 during trading on Wednesday, hitting $209.89. 10,559 shares of the company traded hands, compared to its average volume of 656,191. Vanguard Information Technology ETF has a one year low of $154.72 and a one year high of $209.66.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a dividend of $0.5968 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.39 annualized dividend and a yield of 1.14%.

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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).

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

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