CIBC Private Wealth Group LLC Buys 454 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

CIBC Private Wealth Group LLC increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,343 shares of the exchange traded fund’s stock after acquiring an additional 454 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard Information Technology ETF were worth $10,870,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 29 shares during the last quarter. Principal Securities Inc. lifted its holdings in 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 during the last quarter. Carnegie Investment Counsel boosted its position in Vanguard Information Technology ETF by 5.4% during 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 increased its holdings in shares of Vanguard Information Technology ETF by 11.0% in the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after purchasing an additional 6,396 shares during the last quarter. Finally, Atlantic Family Wealth LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at about $4,181,000.

Vanguard Information Technology ETF Stock Down 0.2 %

Shares of NYSEARCA:VGT opened at $542.38 on Tuesday. The stock has a market cap of $75.54 billion, a PE ratio of 33.62 and a beta of 1.17. The business has a 50 day moving average of $599.04 and a 200-day moving average of $606.98. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued 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).