Cottage Street Advisors LLC Buys New Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Cottage Street Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the fourth quarter, HoldingsChannel reports. The fund purchased 413 shares of the exchange traded fund’s stock, valued at approximately $257,000.

Several other institutional investors have also bought and sold shares of VGT. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Vanguard Information Technology ETF by 45.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 29 shares in the last quarter. Principal Securities Inc. raised its position in Vanguard Information Technology ETF by 20.4% during the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock valued at $415,000 after purchasing an additional 113 shares during the period. Carnegie Investment Counsel lifted its stake in shares of Vanguard Information Technology ETF by 5.4% in the 4th quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock valued at $1,411,000 after purchasing an additional 117 shares during the last quarter. FMR LLC boosted its holdings in shares of Vanguard Information Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after purchasing an additional 6,396 shares during the period. Finally, Atlantic Family Wealth LLC bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $4,181,000.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of 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. The company has a market cap of $80.38 billion, a PE ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76.

Vanguard Information Technology ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a dividend of $0.7294 per share. The ex-dividend date 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).