Vanguard Information Technology ETF (NYSEARCA:VGT) Shares to Split on Tuesday, April 21st

Vanguard Information Technology ETF (NYSEARCA:VGT)’s stock is going to split on Tuesday, April 21st. The 8-1 split was announced on Thursday, March 26th. The newly minted shares will be issued to shareholders after the closing bell on Monday, April 20th.

Vanguard Information Technology ETF Stock Performance

VGT opened at $712.65 on Friday. The company has a market cap of $107.34 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The stock has a fifty day simple moving average of $728.66 and a two-hundred day simple moving average of $747.34. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99.

Institutional Trading of Vanguard Information Technology ETF

A number of large investors have recently made changes to their positions in the business. Kingdom Financial Group LLC. purchased a new position in Vanguard Information Technology ETF in the fourth quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $30,000. Wells Financial Advisors INC bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at approximately $29,000. China Universal Asset Management Co. Ltd. boosted its holdings in shares of Vanguard Information Technology ETF by 110.5% in the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 40 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 21 shares during the period. Finally, Strategic Advocates LLC purchased a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000.

Vanguard Information Technology ETF Company 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). This GICS sector is made up of companies in three areas: technology software and services, including companies that develop software in various fields (such as the Internet, applications, systems, databases, and/or home entertainment), and companies that provide information technology consulting and services, data processing, and outsourced services; technology hardware and equipment, including manufacturers and distributors of communications equipment, computers and peripherals and electronic equipment, and semiconductors and semiconductor equipment manufacturers.