FSB Premier Wealth Management Inc. Makes New $235,000 Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

FSB Premier Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 377 shares of the exchange traded fund’s stock, valued at approximately $235,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after acquiring an additional 1,229,688 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Information Technology ETF during the 4th quarter worth about $494,903,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after purchasing an additional 501,703 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in shares of Vanguard Information Technology ETF by 621.3% during the fourth quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock worth $134,371,000 after buying an additional 186,139 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $542.38 on Tuesday. The stock has a 50-day simple moving average of $599.04 and a 200 day simple moving average of $606.98. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The company has a market cap of $75.54 billion, a PE ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

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