Ipsen Advisor Group LLC Takes Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Ipsen Advisor Group LLC bought a new position 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 bought 772 shares of the exchange traded fund’s stock, valued at approximately $480,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Florida Financial Advisors LLC bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $462,000. Bay Capital Advisors LLC bought a new stake in Vanguard Information Technology ETF during the 4th quarter worth approximately $456,000. PKS Advisory Services LLC acquired a new stake in Vanguard Information Technology ETF during the 4th quarter valued at $555,000. Zions Bancorporation N.A. raised its position in Vanguard Information Technology ETF by 150.0% in the 4th quarter. Zions Bancorporation N.A. now owns 40 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 24 shares during the last quarter. Finally, TIAA Trust National Association boosted its stake in Vanguard Information Technology ETF by 3.7% in the fourth quarter. TIAA Trust National Association now owns 47,606 shares of the exchange traded fund’s stock worth $29,601,000 after purchasing an additional 1,713 shares in the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $577.08 on Wednesday. The business has a fifty 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. The firm has a market cap of $80.38 billion, a PE ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

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