Atlas Capital Advisors Inc. Sells 1,042 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Atlas Capital Advisors Inc. decreased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,473 shares of the exchange traded fund’s stock after selling 1,042 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 1.6% of Atlas Capital Advisors Inc.’s holdings, making the stock its 8th biggest holding. Atlas Capital Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $12,731,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Arete Wealth Advisors LLC increased its stake in Vanguard Information Technology ETF by 54.0% in the fourth quarter. Arete Wealth Advisors LLC now owns 1,769 shares of the exchange traded fund’s stock valued at $1,101,000 after acquiring an additional 620 shares during the period. World Investment Advisors raised its holdings in shares of Vanguard Information Technology ETF by 3.3% in the 4th quarter. World Investment Advisors now owns 9,387 shares of the exchange traded fund’s stock worth $5,836,000 after buying an additional 299 shares in the last quarter. Martin Worley Group bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $294,000. Disciplined Investors L.L.C. acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at $225,000. Finally, OneAscent Financial Services LLC bought a new stake in Vanguard Information Technology ETF in the fourth quarter valued at $269,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $551.44 on Thursday. The firm has a market capitalization of $76.79 billion, a P/E ratio of 32.38 and a beta of 1.23. The stock has a fifty day moving average price of $595.45 and a two-hundred day moving average price of $606.43. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders 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).