Moment Partners LLC Purchases Shares of 1,707 Vanguard Information Technology ETF (NYSEARCA:VGT)

Moment Partners LLC acquired a new position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,707 shares of the exchange traded fund’s stock, valued at approximately $1,061,000.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Information Technology ETF by 4.9% in the fourth quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock valued at $3,585,273,000 after acquiring an additional 271,622 shares during the last quarter. Foundation Wealth Management LLC PA acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $394,000. Cottage Street Advisors LLC acquired a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $257,000. Ausdal Financial Partners Inc. boosted its stake in Vanguard Information Technology ETF by 5.3% in the fourth quarter. Ausdal Financial Partners Inc. now owns 10,728 shares of the exchange traded fund’s stock valued at $6,671,000 after acquiring an additional 538 shares during the last quarter. Finally, SwitchPoint Financial Planning LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth $316,000.

Vanguard Information Technology ETF Stock Down 2.4 %

VGT stock opened at $563.20 on Thursday. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The company has a market cap of $78.44 billion, a P/E ratio of 33.62 and a beta of 1.17. The business’s fifty day moving average is $603.64 and its 200-day moving average is $606.72.

Vanguard Information Technology ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be issued a dividend of $0.7294 per share. The ex-dividend date is Tuesday, March 25th.

Vanguard Information Technology ETF Company 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).