Arete Wealth Advisors LLC Boosts Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Arete Wealth Advisors LLC increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 54.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,769 shares of the exchange traded fund’s stock after purchasing an additional 620 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Vanguard Information Technology ETF by 45.3% during 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 in the last quarter. Principal Securities Inc. grew its stake 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 in the last quarter. Carnegie Investment Counsel increased its holdings in Vanguard Information Technology ETF by 5.4% during the 4th 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 last quarter. FMR LLC raised its position in shares of Vanguard Information Technology ETF by 11.0% in the 3rd 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 in the last quarter. Finally, Atlantic Family Wealth LLC purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $4,181,000.

Vanguard Information Technology ETF Trading Down 6.4 %

VGT stock opened at $478.60 on Friday. The company has a market capitalization of $66.65 billion, a P/E ratio of 32.38 and a beta of 1.23. The firm has a 50 day simple moving average of $589.52 and a 200-day simple moving average of $605.17. Vanguard Information Technology ETF has a twelve month low of $476.31 and a twelve month high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.7294 dividend. 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).