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

PKS Advisory Services LLC acquired a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 891 shares of the exchange traded fund’s stock, valued at approximately $555,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Zions Bancorporation N.A. increased its position in shares of 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 acquiring an additional 24 shares in the last quarter. Crowley Wealth Management Inc. purchased a new position in shares of Vanguard Information Technology ETF in the fourth quarter worth $27,000. Brooklyn Investment Group purchased a new stake in shares of Vanguard Information Technology ETF during the fourth quarter valued at $30,000. Kentucky Trust Co bought a new stake in Vanguard Information Technology ETF in the 4th quarter worth about $31,000. Finally, Briaud Financial Planning Inc purchased a new position in Vanguard Information Technology ETF in the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Stock Up 0.3 %

Shares of NYSEARCA VGT 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 52-week low of $478.25 and a 52-week high of $648.76. 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 Cuts Dividend

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