Garrison Point Advisors LLC Has $834,000 Stock Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Garrison Point Advisors LLC lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,341 shares of the exchange traded fund’s stock after purchasing an additional 25 shares during the period. Garrison Point Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $834,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Titleist Asset Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 18.2% during the 4th quarter. Titleist Asset Management LLC now owns 10,653 shares of the exchange traded fund’s stock worth $6,624,000 after acquiring an additional 1,639 shares in the last quarter. Cascades Capital Asset Management LLC bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth approximately $764,000. Russell Investments Group Ltd. grew its holdings in Vanguard Information Technology ETF by 201,628.9% during the fourth quarter. Russell Investments Group Ltd. now owns 229,971 shares of the exchange traded fund’s stock valued at $142,996,000 after purchasing an additional 229,857 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of Vanguard Information Technology ETF by 17.1% in the fourth quarter. Wedbush Securities Inc. now owns 21,074 shares of the exchange traded fund’s stock valued at $13,104,000 after purchasing an additional 3,079 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Vanguard Information Technology ETF by 10.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,514,592 shares of the exchange traded fund’s stock worth $941,773,000 after buying an additional 144,217 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 6.4 %

NYSEARCA:VGT opened at $478.60 on Friday. The firm has a market capitalization of $66.65 billion, a PE ratio of 32.38 and a beta of 1.23. Vanguard Information Technology ETF has a 1 year low of $476.31 and a 1 year high of $648.76. The firm’s fifty day simple moving average is $589.52 and its 200 day simple moving average is $605.44.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors 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).