Howard Financial Services LTD. Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

Howard Financial Services LTD. decreased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 27.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 416 shares of the exchange traded fund’s stock after selling 160 shares during the period. Howard Financial Services LTD.’s holdings in Vanguard Information Technology ETF were worth $276,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VGT. Neville Rodie & Shaw Inc. raised its stake in Vanguard Information Technology ETF by 1.2% during the 2nd quarter. Neville Rodie & Shaw Inc. now owns 12,283 shares of the exchange traded fund’s stock valued at $8,147,000 after buying an additional 150 shares during the last quarter. Private Client Services LLC boosted its stake in shares of Vanguard Information Technology ETF by 7.1% in the 2nd quarter. Private Client Services LLC now owns 848 shares of the exchange traded fund’s stock worth $563,000 after buying an additional 56 shares during the last quarter. Modern Wealth Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 21.7% in the first quarter. Modern Wealth Management LLC now owns 1,274 shares of the exchange traded fund’s stock worth $691,000 after acquiring an additional 227 shares during the period. Silicon Valley Capital Partners increased its position in Vanguard Information Technology ETF by 6.0% during the first quarter. Silicon Valley Capital Partners now owns 102,529 shares of the exchange traded fund’s stock valued at $55,698,000 after acquiring an additional 5,843 shares during the last quarter. Finally, Jacobi Capital Management LLC increased its position in Vanguard Information Technology ETF by 0.4% during the first quarter. Jacobi Capital Management LLC now owns 5,355 shares of the exchange traded fund’s stock valued at $2,904,000 after acquiring an additional 23 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

Shares of NYSEARCA:VGT opened at $719.57 on Friday. The stock’s 50-day simple moving average is $691.76 and its two-hundred day simple moving average is $618.49. The stock has a market capitalization of $102.14 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $721.45.

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).