Titleist Asset Management LLC Has $6.62 Million Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Titleist Asset Management LLC grew its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,653 shares of the exchange traded fund’s stock after buying an additional 1,639 shares during the quarter. Vanguard Information Technology ETF makes up 0.8% of Titleist Asset Management LLC’s portfolio, making the stock its 28th largest position. Titleist Asset Management LLC’s holdings in Vanguard Information Technology ETF were worth $6,624,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VGT. Sovereign Financial Group Inc. boosted its position in 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 valued at $1,253,000 after purchasing an additional 17 shares during the last quarter. Sfmg LLC boosted its holdings in shares of 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 during the last quarter. Bare Financial Services Inc grew its stake in shares of Vanguard Information Technology ETF by 2.1% in the fourth 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 holdings in Vanguard Information Technology ETF by 2.6% during the fourth 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 last quarter. Finally, Hemington Wealth Management raised its position in 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 acquiring an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of VGT opened at $478.60 on Friday. The company 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 has a one year low of $476.31 and a one year high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.7294 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Information Technology ETF 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).