PKS Advisory Services LLC Invests $555,000 in Vanguard Information Technology ETF (NYSEARCA:VGT)

PKS Advisory Services LLC bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 891 shares of the exchange traded fund’s stock, valued at approximately $555,000.

Other institutional investors have also added to or reduced their stakes in the company. Zions Bancorporation N.A. lifted its position in Vanguard Information Technology ETF by 150.0% during the fourth 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 in the last quarter. Crowley Wealth Management Inc. bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Brooklyn Investment Group purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at about $30,000. Kentucky Trust Co bought a new position in shares of Vanguard Information Technology ETF during the 4th quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc purchased a new stake in Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $577.08 on Wednesday. The company has a market capitalization of $80.38 billion, a P/E ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 1-year low of $478.25 and a 1-year high of $648.76. The firm’s 50 day simple moving average is $604.85 and its two-hundred day simple moving average is $607.03.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued 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).