Titleist Asset Management LLC Buys 1,639 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Titleist Asset Management LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,653 shares of the exchange traded fund’s stock after buying an additional 1,639 shares during the period. Vanguard Information Technology ETF comprises approximately 0.8% of Titleist Asset Management LLC’s investment portfolio, making the stock its 28th biggest position. Titleist Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $6,624,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Sovereign Financial Group Inc. increased its stake in shares of Vanguard Information Technology ETF by 0.9% during the fourth quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after purchasing an additional 17 shares during the period. Sfmg LLC grew its holdings in Vanguard Information Technology ETF by 2.8% in the 3rd quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock valued at $411,000 after buying an additional 19 shares in the last quarter. Bare Financial Services Inc grew its holdings in Vanguard Information Technology ETF by 2.1% in the 4th quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock valued at $577,000 after buying an additional 19 shares in the last quarter. Hamilton Point Investment Advisors LLC increased its position in Vanguard Information Technology ETF by 2.6% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after buying an additional 20 shares during the period. Finally, Hemington Wealth Management lifted its holdings in shares of Vanguard Information Technology ETF by 16.8% during the fourth quarter. Hemington Wealth Management now owns 139 shares of the exchange traded fund’s stock worth $86,000 after buying an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $478.60 on Friday. Vanguard Information Technology ETF has a 52-week low of $476.31 and a 52-week high of $648.76. The stock has a market cap of $66.65 billion, a PE ratio of 32.38 and a beta of 1.23. The firm has a 50-day moving average of $589.52 and a 200-day moving average of $605.44.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.7294 per share. The ex-dividend date was 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).