Soundwatch Capital LLC Increases Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Soundwatch Capital LLC increased its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 930 shares of the exchange traded fund’s stock after purchasing an additional 57 shares during the quarter. Vanguard Information Technology ETF makes up 0.1% of Soundwatch Capital LLC’s portfolio, making the stock its 22nd biggest holding. Soundwatch Capital LLC’s holdings in Vanguard Information Technology ETF were worth $578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Vanguard Information Technology ETF by 45.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares in the last quarter. Principal Securities Inc. lifted its stake in Vanguard Information Technology ETF by 20.4% in the 4th quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after purchasing an additional 113 shares in the last quarter. Carnegie Investment Counsel boosted its holdings in shares of 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 valued at $1,411,000 after purchasing an additional 117 shares during the last quarter. FMR LLC grew its position 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 in the last quarter. Finally, Atlantic Family Wealth LLC purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $4,181,000.

Vanguard Information Technology ETF Trading Down 6.4 %

NYSEARCA:VGT opened at $478.60 on Monday. The company has a market capitalization of $66.65 billion, a P/E ratio of 32.38 and a beta of 1.23. The business’s 50-day moving average is $589.52 and its 200 day moving average is $605.75. Vanguard Information Technology ETF has a 12 month low of $451.68 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 given 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).