Oak Harvest Investment Services Increases Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Oak Harvest Investment Services increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 18.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,430 shares of the exchange traded fund’s stock after buying an additional 864 shares during the period. Oak Harvest Investment Services’ holdings in Vanguard Information Technology ETF were worth $3,185,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VGT. Stonebridge Capital Advisors LLC purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at approximately $212,000. Diversified Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the first quarter valued at $215,000. Kovack Advisors Inc. raised its stake in shares of Vanguard Information Technology ETF by 3.7% during the 1st quarter. Kovack Advisors Inc. now owns 2,975 shares of the exchange traded fund’s stock worth $1,560,000 after buying an additional 105 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of Vanguard Information Technology ETF by 6.6% during the 1st quarter. Cornerstone Wealth Management LLC now owns 3,641 shares of the exchange traded fund’s stock worth $1,909,000 after buying an additional 227 shares during the last quarter. Finally, Teamwork Financial Advisors LLC purchased a new stake in shares of Vanguard Information Technology ETF in the 1st quarter worth about $205,000.

Vanguard Information Technology ETF Trading Down 1.3 %

NYSEARCA:VGT opened at $602.14 on Thursday. The company has a market capitalization of $75.82 billion, a P/E ratio of 36.30 and a beta of 1.41. The firm has a 50-day moving average price of $580.37 and a two-hundred day moving average price of $560.30. Vanguard Information Technology ETF has a twelve month low of $401.89 and a twelve month high of $612.05.

About Vanguard Information Technology ETF

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).