Oppenheimer & Co. Inc. Reduces Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Oppenheimer & Co. Inc. lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 0.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 14,576 shares of the exchange traded fund’s stock after selling 53 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Information Technology ETF were worth $8,549,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VGT. Lazard Asset Management LLC increased its holdings in Vanguard Information Technology ETF by 13.9% in the first quarter. Lazard Asset Management LLC now owns 4,100 shares of the exchange traded fund’s stock valued at $2,149,000 after buying an additional 500 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in Vanguard Information Technology ETF by 31.2% in the 2nd quarter. Diversify Advisory Services LLC now owns 1,693 shares of the exchange traded fund’s stock valued at $1,014,000 after buying an additional 403 shares in the last quarter. Asset Dedication LLC boosted its holdings in Vanguard Information Technology ETF by 187.0% in the 2nd quarter. Asset Dedication LLC now owns 155 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 101 shares during the last quarter. Covestor Ltd increased its position in shares of Vanguard Information Technology ETF by 187.5% during the first quarter. Covestor Ltd now owns 92 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 60 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Vanguard Information Technology ETF in the 1st quarter valued at $1,238,000.

Vanguard Information Technology ETF Stock Down 0.4 %

Shares of VGT opened at $620.33 on Thursday. The firm’s fifty day moving average is $586.78 and its two-hundred day moving average is $567.77. The stock has a market cap of $78.11 billion, a PE ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $450.23 and a 52-week high of $626.45.

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).