Private Portfolio Partners LLC Buys 131 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Private Portfolio Partners LLC boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 6,392 shares of the exchange traded fund’s stock after acquiring an additional 131 shares during the quarter. Vanguard Information Technology ETF accounts for approximately 0.7% of Private Portfolio Partners LLC’s portfolio, making the stock its 28th largest position. Private Portfolio Partners LLC’s holdings in Vanguard Information Technology ETF were worth $3,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Vanguard Information Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock valued at $37,756,000 after acquiring an additional 6,396 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter worth $55,000. BNP Paribas Financial Markets grew its position in Vanguard Information Technology ETF by 3.0% in the third quarter. BNP Paribas Financial Markets now owns 9,990 shares of the exchange traded fund’s stock worth $5,859,000 after acquiring an additional 288 shares in the last quarter. Benjamin Edwards Inc. bought a new position in Vanguard Information Technology ETF in the third quarter valued at $872,000. Finally, Hilltop Holdings Inc. increased its stake in Vanguard Information Technology ETF by 39.4% in the third quarter. Hilltop Holdings Inc. now owns 5,237 shares of the exchange traded fund’s stock valued at $3,071,000 after acquiring an additional 1,481 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.8 %

Shares of VGT stock opened at $546.94 on Wednesday. The business has a 50-day moving average price of $597.32 and a two-hundred day moving average price of $606.82. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The firm has a market cap of $76.17 billion, a P/E 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. Shareholders of record on Tuesday, March 25th were paid a $0.7294 dividend. 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).