Rockefeller Capital Management L.P. Raises Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Rockefeller Capital Management L.P. raised its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 243,473 shares of the exchange traded fund’s stock after purchasing an additional 14,068 shares during the period. Rockefeller Capital Management L.P.’s holdings in Vanguard Information Technology ETF were worth $151,275,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Zions Bancorporation N.A. lifted its position in Vanguard Information Technology ETF by 150.0% during the 4th 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 period. Crowley Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Brooklyn Investment Group bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in shares of Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $31,000.

Vanguard Information Technology ETF Stock Up 2.0 %

Vanguard Information Technology ETF stock opened at $520.14 on Friday. Vanguard Information Technology ETF has a twelve month low of $451.00 and a twelve month high of $648.76. The company has a market capitalization of $72.43 billion, a P/E ratio of 32.38 and a beta of 1.23. The stock’s 50 day moving average is $573.63 and its 200 day moving average is $601.62.

Vanguard Information Technology ETF Cuts Dividend

The business also recently announced 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 was 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).