Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Bought by Beacon Capital Management Inc.

Beacon Capital Management Inc. grew its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,235,812 shares of the exchange traded fund’s stock after acquiring an additional 14,423 shares during the period. Vanguard Information Technology ETF comprises 8.8% of Beacon Capital Management Inc.’s portfolio, making the stock its largest position. Beacon Capital Management Inc. owned 1.18% of Vanguard Information Technology ETF worth $203,575,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Information Technology ETF by 10.3% during the second quarter. Bank of New York Mellon Corp now owns 16,801 shares of the exchange traded fund’s stock valued at $2,367,000 after buying an additional 1,563 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Information Technology ETF by 151.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,817 shares of the exchange traded fund’s stock valued at $819,000 after buying an additional 3,500 shares during the last quarter. Associated Banc Corp grew its holdings in shares of Vanguard Information Technology ETF by 15.1% during the second quarter. Associated Banc Corp now owns 11,179 shares of the exchange traded fund’s stock valued at $1,574,000 after buying an additional 1,466 shares during the last quarter. Chemical Bank grew its holdings in shares of Vanguard Information Technology ETF by 84.5% during the second quarter. Chemical Bank now owns 4,443 shares of the exchange traded fund’s stock valued at $625,000 after buying an additional 2,035 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vanguard Information Technology ETF by 190.8% during the second quarter. Ameriprise Financial Inc. now owns 1,857,757 shares of the exchange traded fund’s stock valued at $261,649,000 after buying an additional 1,218,905 shares during the last quarter.

Shares of Vanguard Information Technology ETF (VGT) traded up $0.54 during trading on Thursday, reaching $175.83. 469,500 shares of the company were exchanged, compared to its average volume of 624,500. Vanguard Information Technology ETF has a 12 month low of $124.72 and a 12 month high of $175.40. The company has a market capitalization of $18,470.00 and a P/E ratio of 7.04.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Friday, December 15th were given a dividend of $0.437 per share. This represents a $1.75 annualized dividend and a dividend yield of 0.99%. This is an increase from Vanguard Information Technology ETF’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, December 14th. Vanguard Information Technology ETF’s dividend payout ratio (DPR) is presently 6.53%.

TRADEMARK VIOLATION WARNING: “Vanguard Information Technology ETF (NYSEARCA:VGT) Shares Bought by Beacon Capital Management Inc.” was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this story on another domain, it was illegally copied and republished in violation of international copyright and trademark laws. The legal version of this story can be viewed at https://stocknewstimes.com/2018/01/18/beacon-capital-management-inc-raises-holdings-in-vanguard-information-technology-etf-vgt.html.

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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

Receive News & Ratings for Vanguard Information Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Information Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply