Moment Partners LLC Makes New Investment in Vanguard Information Technology ETF (NYSEARCA:VGT)

Moment Partners LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 1,707 shares of the exchange traded fund’s stock, valued at approximately $1,061,000.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Vanguard Information Technology ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 5,765,957 shares of the exchange traded fund’s stock worth $3,585,273,000 after buying an additional 271,622 shares during the period. LPL Financial LLC boosted its stake in Vanguard Information Technology ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 1,325,876 shares of the exchange traded fund’s stock worth $824,430,000 after purchasing an additional 137,134 shares during the period. Strategic Financial Concepts LLC boosted its stake in Vanguard Information Technology ETF by 39,912.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock worth $766,536,000 after purchasing an additional 1,229,688 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Information Technology ETF during the 4th quarter worth about $494,903,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Vanguard Information Technology ETF by 311.5% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 674,791 shares of the exchange traded fund’s stock valued at $419,585,000 after purchasing an additional 510,798 shares during the period.

Vanguard Information Technology ETF Price Performance

Shares of Vanguard Information Technology ETF stock opened at $563.20 on Thursday. The firm has a market cap of $78.44 billion, a price-to-earnings ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a one year low of $478.25 and a one year high of $648.76. The stock’s 50-day moving average is $603.64 and its 200-day moving average is $606.72.

Vanguard Information Technology ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid a $0.7294 dividend. The ex-dividend date is Tuesday, March 25th.

Vanguard Information Technology ETF Company 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).