Vanguard Information Technology ETF (NYSEARCA:VGT) Stock Position Raised by Dagco Inc.

Dagco Inc. raised its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 15.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,706 shares of the exchange traded fund’s stock after buying an additional 1,039 shares during the quarter. Vanguard Information Technology ETF makes up approximately 1.6% of Dagco Inc.’s holdings, making the stock its 17th largest holding. Dagco Inc.’s holdings in Vanguard Information Technology ETF were worth $4,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Zions Bancorporation N.A. grew its stake in shares of Vanguard Information Technology ETF by 150.0% in 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 position in Vanguard Information Technology ETF during the fourth quarter worth $27,000. Brooklyn Investment Group bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $30,000. Kentucky Trust Co acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, Briaud Financial Planning Inc bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Trading Up 2.0 %

Shares of NYSEARCA VGT opened at $520.14 on Monday. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $648.76. The company has a 50-day moving average of $573.63 and a two-hundred day moving average of $601.70. The company has a market cap of $72.43 billion, a PE 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).