Oak Harvest Investment Services Increases Stock Holdings 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 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,505 shares of the exchange traded fund’s stock after buying an additional 63,939 shares during the quarter. Oak Harvest Investment Services’ holdings in Vanguard Information Technology ETF were worth $8,785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Vanguard Information Technology ETF by 497.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 194 shares in the last quarter. Wells Financial Advisors INC purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth about $29,000. RHL Group LLC purchased a new position in Vanguard Information Technology ETF during the fourth quarter worth about $31,000. Finally, Jessup Wealth Management Inc bought a new stake in Vanguard Information Technology ETF in the 4th quarter worth about $31,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $118.80 on Thursday. The firm has a market cap of $145.64 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a 50-day moving average price of $116.91 and a two-hundred day moving average price of $105.69.

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). 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.