388 Shares in Vanguard Information Technology ETF (NYSEARCA:VGT) Purchased by Manhattan West Asset Management LLC

Manhattan West Asset Management LLC bought a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 388 shares of the exchange traded fund’s stock, valued at approximately $241,000.

Several other institutional investors also recently added to or reduced their stakes in VGT. Strategic Financial Concepts LLC increased its position in shares of Vanguard Information Technology ETF by 39,912.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after purchasing an additional 1,229,688 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $494,903,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Vanguard Information Technology ETF by 311.5% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after acquiring an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Information Technology ETF by 10.0% in the third quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock valued at $3,222,539,000 after acquiring an additional 501,703 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in Vanguard Information Technology ETF by 201,628.9% during the fourth quarter. Russell Investments Group Ltd. now owns 229,971 shares of the exchange traded fund’s stock worth $142,996,000 after purchasing an additional 229,857 shares during the period.

Vanguard Information Technology ETF Trading Up 2.0 %

NYSEARCA VGT opened at $520.14 on Friday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The company has a market capitalization of $72.43 billion, a price-to-earnings ratio of 32.38 and a beta of 1.23. The stock’s 50 day moving average is $573.63 and its two-hundred day moving average is $601.62.

Vanguard Information Technology ETF Cuts Dividend

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