CIBC Bancorp USA Inc. Makes New Investment in Vanguard Information Technology ETF $VGT

CIBC Bancorp USA Inc. acquired a new position in Vanguard Information Technology ETF (NYSEARCA:VGT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 21,407 shares of the exchange traded fund’s stock, valued at approximately $15,983,000.

Other large investors have also recently made changes to their positions in the company. Caprock Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter valued at $4,314,000. AMI Investment Management Inc. increased its stake in Vanguard Information Technology ETF by 4.2% in the 3rd quarter. AMI Investment Management Inc. now owns 67,199 shares of the exchange traded fund’s stock worth $50,173,000 after buying an additional 2,726 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Vanguard Information Technology ETF by 98.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,326 shares of the exchange traded fund’s stock worth $4,723,000 after buying an additional 3,138 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Vanguard Information Technology ETF by 2.8% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 739,730 shares of the exchange traded fund’s stock valued at $552,305,000 after acquiring an additional 20,182 shares during the period. Finally, Asset Planning Services Inc. LA ADV bought a new stake in Vanguard Information Technology ETF during the third quarter valued at about $615,000.

Vanguard Information Technology ETF Stock Up 0.3%

Shares of Vanguard Information Technology ETF stock opened at $721.72 on Friday. The company has a market capitalization of $108.00 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The stock’s 50-day simple moving average is $740.57 and its 200-day simple moving average is $747.47. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

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.