Bessemer Group Inc. Raises Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Bessemer Group Inc. lifted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,876 shares of the exchange traded fund’s stock after buying an additional 108 shares during the period. Bessemer Group Inc.’s holdings in Vanguard Information Technology ETF were worth $5,519,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VGT. Sovereign Financial Group Inc. grew its position in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock worth $1,253,000 after purchasing an additional 17 shares in the last quarter. Sfmg LLC boosted its position in shares of Vanguard Information Technology ETF by 2.8% in the third quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock worth $411,000 after buying an additional 19 shares during the period. Bare Financial Services Inc grew its holdings in shares of Vanguard Information Technology ETF by 2.1% during the fourth quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock valued at $577,000 after buying an additional 19 shares in the last quarter. Hamilton Point Investment Advisors LLC raised its position in Vanguard Information Technology ETF by 2.6% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock valued at $490,000 after buying an additional 20 shares during the period. Finally, Hemington Wealth Management lifted its stake in Vanguard Information Technology ETF by 16.8% in the 4th quarter. Hemington Wealth Management now owns 139 shares of the exchange traded fund’s stock worth $86,000 after acquiring an additional 20 shares in the last quarter.

Vanguard Information Technology ETF Trading Up 2.0 %

Shares of NYSEARCA VGT opened at $520.14 on Friday. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $648.76. The business has a 50-day moving average price of $573.63 and a two-hundred day moving average price of $601.62. The firm has a market capitalization of $72.43 billion, a PE ratio of 32.38 and a beta of 1.23.

Vanguard Information Technology ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors 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.

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).