Florida Financial Advisors LLC Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Florida Financial Advisors LLC acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 743 shares of the exchange traded fund’s stock, valued at approximately $462,000.

Other hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 acquiring an additional 29 shares during the period. Principal Securities Inc. grew its position in shares of Vanguard Information Technology ETF by 20.4% during the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares in the last quarter. Carnegie Investment Counsel increased its holdings 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 worth $1,411,000 after purchasing an additional 117 shares during the period. FMR LLC grew its position 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 buying an additional 6,396 shares in the last quarter. Finally, Atlantic Family Wealth LLC bought a new position in Vanguard Information Technology ETF in the 4th quarter worth about $4,181,000.

Vanguard Information Technology ETF Stock Up 1.9 %

NYSEARCA:VGT opened at $575.39 on Tuesday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock has a market cap of $80.14 billion, a P/E ratio of 33.62 and a beta of 1.17. The business’s 50-day moving average price is $605.50 and its two-hundred day moving average price is $606.72.

Vanguard Information Technology ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.7294 per share. The ex-dividend date is Tuesday, March 25th.

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).