Scotia Capital Inc. Buys 687 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Scotia Capital Inc. grew its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,748 shares of the exchange traded fund’s stock after buying an additional 687 shares during the period. Scotia Capital Inc.’s holdings in Vanguard Information Technology ETF were worth $13,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Zions Bancorporation N.A. grew its position 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 stake in shares of Vanguard Information Technology ETF during the 4th quarter worth 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 stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $31,000.

Vanguard Information Technology ETF Price Performance

VGT opened at $509.77 on Friday. The company has a market capitalization of $70.99 billion, a P/E ratio of 32.38 and a beta of 1.23. The firm’s fifty day moving average price is $575.55 and its two-hundred day moving average price is $602.06. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.7294 per share. 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).