TIAA Trust National Association Acquires 1,713 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

TIAA Trust National Association increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,606 shares of the exchange traded fund’s stock after purchasing an additional 1,713 shares during the period. TIAA Trust National Association’s holdings in Vanguard Information Technology ETF were worth $29,601,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Crowley Wealth Management Inc. bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth $27,000. Brooklyn Investment Group purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth $30,000. Kentucky Trust Co bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at $31,000. Briaud Financial Planning Inc purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at about $31,000. Finally, Duncker Streett & Co. Inc. bought a new stake in Vanguard Information Technology ETF during the fourth quarter worth about $35,000.

Vanguard Information Technology ETF Trading Up 1.9 %

Shares of Vanguard Information Technology ETF stock opened at $575.39 on Tuesday. The firm has a market capitalization of $80.14 billion, a PE ratio of 33.62 and a beta of 1.17. Vanguard Information Technology ETF has a 12 month low of $478.25 and a 12 month high of $648.76. The business’s 50-day moving average price is $605.50 and its 200-day moving average price is $606.72.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be paid a dividend of $0.7294 per share. 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).