Cottage Street Advisors LLC Purchases Shares of 413 Vanguard Information Technology ETF (NYSEARCA:VGT)

Cottage Street Advisors LLC purchased a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 413 shares of the exchange traded fund’s stock, valued at approximately $257,000.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC lifted its position in shares of Vanguard Information Technology ETF by 39,912.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,232,769 shares of the exchange traded fund’s stock valued at $766,536,000 after acquiring an additional 1,229,688 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Information Technology ETF during the 4th quarter valued at approximately $494,903,000. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in 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 worth $419,585,000 after purchasing an additional 510,798 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Information Technology ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,494,335 shares of the exchange traded fund’s stock worth $3,222,539,000 after purchasing an additional 501,703 shares during the period. Finally, Wealthfront Advisers LLC grew its holdings in Vanguard Information Technology ETF by 621.3% during the 4th quarter. Wealthfront Advisers LLC now owns 216,100 shares of the exchange traded fund’s stock valued at $134,371,000 after buying an additional 186,139 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $577.08 on Wednesday. The firm’s 50 day moving average price is $604.85 and its 200-day moving average price is $607.03. Vanguard Information Technology ETF has a 1 year low of $478.25 and a 1 year high of $648.76. The stock has a market cap of $80.38 billion, a P/E ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

The business also recently declared 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.

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).