Certior Financial Group LLC Purchases New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Certior Financial Group LLC acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,389 shares of the exchange traded fund’s stock, valued at approximately $2,107,000. Vanguard Information Technology ETF comprises approximately 1.8% of Certior Financial Group LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other institutional investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 worth $58,000 after purchasing an additional 29 shares during the period. Principal Securities Inc. lifted its holdings in Vanguard Information Technology ETF by 20.4% in the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after acquiring an additional 113 shares during the last quarter. Carnegie Investment Counsel boosted its stake in Vanguard Information Technology ETF by 5.4% in the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after acquiring an additional 117 shares during the period. FMR LLC grew its holdings in shares of Vanguard Information Technology ETF by 11.0% during 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 acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $4,181,000.

Vanguard Information Technology ETF Trading Down 6.4 %

Shares of NYSEARCA VGT opened at $478.60 on Monday. Vanguard Information Technology ETF has a 12-month low of $451.68 and a 12-month high of $648.76. The company has a market cap of $66.65 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23. The stock’s 50 day simple moving average is $589.52 and its 200 day simple moving average is $605.75.

Vanguard Information Technology ETF Cuts Dividend

The company also recently declared 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 of this dividend 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).