Vanguard Information Technology ETF $VGT Stock: Trust Co. of Oklahoma Lowers Stake

Trust Co. of Oklahoma cut its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 456,423 shares of the exchange traded fund’s stock after selling 26,984 shares during the period. Vanguard Information Technology ETF comprises approximately 16.6% of Trust Co. of Oklahoma’s holdings, making the stock its largest position. Trust Co. of Oklahoma’s holdings in Vanguard Information Technology ETF were worth $57,359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC grew its position in shares of Vanguard Information Technology ETF by 762.8% during the 2nd quarter. HighTower Advisors LLC now owns 3,651,091 shares of the exchange traded fund’s stock valued at $436,378,000 after acquiring an additional 3,227,909 shares during the period. Florida Trust Wealth Management Co increased its position in Vanguard Information Technology ETF by 725.8% in the second quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after buying an additional 19,104 shares in the last quarter. First Merchants Corp grew its stake in shares of Vanguard Information Technology ETF by 744.7% during the 2nd quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after acquiring an additional 292,331 shares during the period. Innovative Wealth Building LLC raised its stake in Vanguard Information Technology ETF by 748.5% during the 2nd quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after acquiring an additional 51,687 shares during the period. Finally, Polaris Financial Partners bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $4,014,000.

Vanguard Information Technology ETF Price Performance

Shares of VGT stock traded down $1.34 on Thursday, hitting $121.51. 3,497,195 shares of the stock traded hands, compared to its average volume of 4,442,392. The firm has a market cap of $149.47 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The firm has a 50 day simple moving average of $122.50 and a two-hundred day simple moving average of $114.61. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $130.66.

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.