Cypress Wealth Advisors LLC Lowers Holdings in Vanguard Information Technology ETF (VGT)

Cypress Wealth Advisors LLC lowered its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 36.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,011 shares of the exchange traded fund’s stock after selling 15,123 shares during the period. Vanguard Information Technology ETF accounts for 4.3% of Cypress Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest position. Cypress Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $3,663,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Greenleaf Trust raised its holdings in shares of Vanguard Information Technology ETF by 1,124.7% in the 2nd quarter. Greenleaf Trust now owns 18,321 shares of the exchange traded fund’s stock valued at $2,580,000 after buying an additional 16,825 shares during the period. Naples Global Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter valued at $320,000. Smith Salley & Associates raised its holdings in shares of Vanguard Information Technology ETF by 0.4% in the 2nd quarter. Smith Salley & Associates now owns 18,688 shares of the exchange traded fund’s stock valued at $2,632,000 after buying an additional 83 shares during the period. Montecito Bank & Trust raised its holdings in shares of Vanguard Information Technology ETF by 125.9% in the 2nd quarter. Montecito Bank & Trust now owns 6,601 shares of the exchange traded fund’s stock valued at $930,000 after buying an additional 3,679 shares during the period. Finally, Bristlecone Advisors LLC raised its holdings in shares of Vanguard Information Technology ETF by 34.3% in the 2nd quarter. Bristlecone Advisors LLC now owns 6,715 shares of the exchange traded fund’s stock valued at $946,000 after buying an additional 1,715 shares during the period.

The company also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Thursday, September 28th were given a $0.419 dividend. This is a positive change from Vanguard Information Technology ETF’s previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend was Wednesday, September 27th.

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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).

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

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