Prudential PLC Has $2.23 Million Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Prudential PLC reduced its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 62.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,583 shares of the exchange traded fund’s stock after selling 5,856 shares during the period. Prudential PLC’s holdings in Vanguard Information Technology ETF were worth $2,228,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VGT. FMR LLC increased its holdings in Vanguard Information Technology ETF by 11.0% in 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 during the last quarter. Quantbot Technologies LP bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at about $55,000. Morse Asset Management Inc acquired a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter valued at approximately $138,000. Quadrature Capital Ltd bought a new position in Vanguard Information Technology ETF during the 3rd quarter worth approximately $603,000. Finally, EP Wealth Advisors LLC grew its holdings in Vanguard Information Technology ETF by 12.7% during the third quarter. EP Wealth Advisors LLC now owns 15,136 shares of the exchange traded fund’s stock valued at $8,877,000 after purchasing an additional 1,703 shares during the period.

Vanguard Information Technology ETF Stock Performance

VGT opened at $478.60 on Monday. The firm’s fifty day moving average is $589.52 and its two-hundred day moving average is $605.75. The firm has a market cap of $66.65 billion, a PE ratio of 32.38 and a beta of 1.23. Vanguard Information Technology ETF has a twelve month low of $451.68 and a twelve month high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.7294 per share. The ex-dividend date 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).