National Wealth Management Group LLC Has $2.53 Million Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

National Wealth Management Group LLC grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,066 shares of the exchange traded fund’s stock after acquiring an additional 114 shares during the quarter. Vanguard Information Technology ETF comprises 1.7% of National Wealth Management Group LLC’s holdings, making the stock its 17th largest holding. National Wealth Management Group LLC’s holdings in Vanguard Information Technology ETF were worth $2,528,000 at the end of the most recent reporting period.

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

Vanguard Information Technology ETF Stock Performance

Vanguard Information Technology ETF stock opened at $542.38 on Tuesday. Vanguard Information Technology ETF has a fifty-two week low of $478.25 and a fifty-two week high of $648.76. The firm’s 50-day simple moving average is $599.04 and its 200 day simple moving average is $606.98. The stock has a market cap of $75.54 billion, a PE ratio of 33.62 and a beta of 1.17.

Vanguard Information Technology ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.7294 dividend. The ex-dividend date of this dividend was 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).