Vanguard Information Technology ETF (NYSEARCA:VGT) Shares to Split on Tuesday, April 21st

Vanguard Information Technology ETF (NYSEARCA:VGT)’s stock is going to split on the morning of Tuesday, April 21st. The 8-1 split was announced on Thursday, March 26th. The newly minted shares will be distributed to shareholders after the market closes on Monday, April 20th.

Vanguard Information Technology ETF Stock Up 1.0%

NYSEARCA VGT opened at $791.94 on Friday. The company has a market capitalization of $119.12 billion, a P/E ratio of 34.55 and a beta of 1.26. Vanguard Information Technology ETF has a 12-month low of $484.86 and a 12-month high of $806.99. The firm has a 50-day moving average price of $729.21 and a two-hundred day moving average price of $748.06.

Institutional Trading of Vanguard Information Technology ETF

Institutional investors have recently bought and sold shares of the business. Kingdom Financial Group LLC. bought a new stake in Vanguard Information Technology ETF in the 4th quarter valued at about $27,000. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $29,000. Strategic Advocates LLC acquired a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth approximately $30,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth approximately $31,000.

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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.