Florida Financial Advisors LLC Invests $462,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

Florida Financial Advisors LLC acquired a new stake in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 743 shares of the exchange traded fund’s stock, valued at approximately $462,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGT. Zions Bancorporation N.A. lifted its holdings in 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 valued at $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 during the fourth quarter valued at about $27,000. Brooklyn Investment Group acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at about $30,000. Kentucky Trust Co purchased a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Up 1.9 %

Shares of VGT opened at $575.39 on Tuesday. The company has a market cap of $80.14 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm’s 50 day moving average price is $605.50 and its 200 day moving average price is $606.72.

Vanguard Information Technology ETF Cuts Dividend

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