Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Acquired by Peachtree Investment Partners LLC

Peachtree Investment Partners LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 8.4% in the fourth quarter, HoldingsChannel reports. The firm owned 5,313 shares of the exchange traded fund’s stock after purchasing an additional 411 shares during the quarter. Vanguard Information Technology ETF makes up approximately 1.2% of Peachtree Investment Partners LLC’s holdings, making the stock its 18th largest holding. Peachtree Investment Partners LLC’s holdings in Vanguard Information Technology ETF were worth $3,304,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VGT. Zions Bancorporation N.A. grew its position in shares of 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 acquiring an additional 24 shares during the last quarter. Crowley Wealth Management Inc. acquired a new stake in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $27,000. Brooklyn Investment Group bought a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. Kentucky Trust Co bought a new position in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new stake in Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000.

Vanguard Information Technology ETF Stock Performance

Shares of VGT stock opened at $479.96 on Tuesday. The firm has a market capitalization of $66.84 billion, a PE ratio of 32.38 and a beta of 1.23. The stock has a fifty day moving average of $586.98 and a two-hundred day moving average of $605.04. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $648.76.

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 given a $0.7294 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Information Technology ETF

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).