JPMorgan Chase & Co. Purchases 271,622 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

JPMorgan Chase & Co. increased its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,765,957 shares of the exchange traded fund’s stock after purchasing an additional 271,622 shares during the period. JPMorgan Chase & Co. owned 4.58% of Vanguard Information Technology ETF worth $3,585,273,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Sovereign Financial Group Inc. raised its holdings in Vanguard Information Technology ETF by 0.9% during the 4th quarter. Sovereign Financial Group Inc. now owns 2,015 shares of the exchange traded fund’s stock valued at $1,253,000 after buying an additional 17 shares during the period. Sfmg LLC boosted its stake in shares of Vanguard Information Technology ETF by 2.8% during the third quarter. Sfmg LLC now owns 700 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 19 shares in the last quarter. Bare Financial Services Inc boosted its position in Vanguard Information Technology ETF by 2.1% during the 4th quarter. Bare Financial Services Inc now owns 928 shares of the exchange traded fund’s stock valued at $577,000 after acquiring an additional 19 shares in the last quarter. Providence Capital Advisors LLC grew its stake in Vanguard Information Technology ETF by 7.0% in the third quarter. Providence Capital Advisors LLC now owns 304 shares of the exchange traded fund’s stock valued at $178,000 after purchasing an additional 20 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 2.6% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 788 shares of the exchange traded fund’s stock worth $490,000 after buying an additional 20 shares during the last quarter.

Vanguard Information Technology ETF Trading Down 2.4 %

Shares of VGT stock opened at $563.20 on Thursday. The business’s fifty day simple moving average is $603.64 and its 200-day simple moving average is $606.72. Vanguard Information Technology ETF has a 12-month low of $478.25 and a 12-month high of $648.76. The company has a market cap of $78.44 billion, a PE ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

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