IPG Investment Advisors LLC Purchases 271 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

IPG Investment Advisors LLC increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 38.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 974 shares of the exchange traded fund’s stock after acquiring an additional 271 shares during the period. IPG Investment Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $606,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Zions Bancorporation N.A. increased 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 valued at $25,000 after buying an additional 24 shares during the period. Crowley Wealth Management Inc. acquired a new position in Vanguard Information Technology ETF in the 4th quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Kentucky Trust Co bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at $31,000. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $31,000.

Vanguard Information Technology ETF Stock Down 2.5 %

NYSEARCA VGT opened at $543.24 on Friday. The company has a market capitalization of $75.66 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a twelve month low of $478.25 and a twelve month high of $648.76. The stock has a fifty day simple moving average of $600.74 and a 200 day simple moving average of $606.82.

Vanguard Information Technology ETF Cuts Dividend

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