Oak Harvest Investment Services Raises Stake in Vanguard Information Technology ETF $VGT

Oak Harvest Investment Services increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 668.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,505 shares of the exchange traded fund’s stock after buying an additional 63,939 shares during the period. Oak Harvest Investment Services’ holdings in Vanguard Information Technology ETF were worth $8,785,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. First Merchants Corp lifted its holdings in Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after purchasing an additional 292,331 shares during the last quarter. Innovative Wealth Building LLC raised its position in shares of Vanguard Information Technology ETF by 748.5% in the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock valued at $7,003,000 after purchasing an additional 51,687 shares during the period. Clark Asset Management LLC raised its position in shares of Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 5,014 shares during the period. Financial & Tax Architects LLC purchased a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $491,000. Finally, Baron Financial Group LLC lifted its stake in shares of Vanguard Information Technology ETF by 700.0% during the 2nd quarter. Baron Financial Group LLC now owns 5,024 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 4,396 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 0.8%

VGT opened at $118.80 on Thursday. The company has a 50 day moving average of $116.91 and a 200 day moving average of $105.69. The company has a market cap of $145.64 billion, a PE ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00.

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). 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.