Oliver Luxxe Assets LLC Reduces Stake in Vanguard Information Technology ETF (NYSEARCA:VGT)

Oliver Luxxe Assets LLC lessened its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,446 shares of the exchange traded fund’s stock after selling 148 shares during the quarter. Vanguard Information Technology ETF accounts for 1.2% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 17th biggest holding. Oliver Luxxe Assets LLC’s holdings in Vanguard Information Technology ETF were worth $7,117,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $30,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Information Technology ETF in the third quarter worth approximately $30,000. Coastline Trust Co purchased a new position in shares of Vanguard Information Technology ETF in the third quarter valued at about $32,000. Bell Investment Advisors Inc bought a new position in shares of Vanguard Information Technology ETF in the second quarter worth about $33,000. Finally, Halpern Financial Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $33,000.

Vanguard Information Technology ETF Stock Up 1.3 %

NYSEARCA VGT traded up $8.08 during trading hours on Monday, reaching $640.98. The company’s stock had a trading volume of 567,063 shares, compared to its average volume of 655,509. Vanguard Information Technology ETF has a 1 year low of $464.21 and a 1 year high of $648.66. The company has a market capitalization of $80.71 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. The firm’s 50-day moving average price is $623.24 and its 200-day moving average price is $591.87.

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).