SwitchPoint Financial Planning LLC Purchases Shares of 508 Vanguard Information Technology ETF (NYSEARCA:VGT)

SwitchPoint Financial Planning LLC acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 508 shares of the exchange traded fund’s stock, valued at approximately $316,000.

Other institutional investors have also modified their holdings of the company. Zions Bancorporation N.A. boosted its holdings in Vanguard Information Technology ETF by 150.0% during the fourth quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 24 shares in the last quarter. Crowley Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the 4th quarter worth about $30,000. Kentucky Trust Co acquired a new stake in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $31,000. Finally, Briaud Financial Planning Inc purchased a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Trading Up 0.3 %

NYSEARCA VGT opened at $577.08 on Wednesday. The stock has a market capitalization of $80.38 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. The stock has a 50-day moving average of $604.85 and a 200 day moving average of $607.03. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a $0.7294 dividend. The ex-dividend date of this dividend is 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).