Madden Advisory Services Inc. Purchases 69 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Madden Advisory Services Inc. lifted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,313 shares of the exchange traded fund’s stock after purchasing an additional 69 shares during the quarter. Vanguard Information Technology ETF makes up 6.7% of Madden Advisory Services Inc.’s investment portfolio, making the stock its 3rd biggest holding. Madden Advisory Services Inc.’s holdings in Vanguard Information Technology ETF were worth $14,496,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VGT. Zions Bancorporation N.A. raised its holdings in shares of Vanguard Information Technology ETF by 150.0% in the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 24 shares during the last quarter. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA VGT opened at $520.14 on Monday. The stock has a fifty day moving average price of $573.63 and a 200 day moving average price of $601.70. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The company has a market cap of $72.43 billion, a PE ratio of 32.38 and a beta of 1.23.

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 issued a $0.7294 dividend. 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).