Houlihan Financial Resource Group Ltd. Lowers Position in Vanguard Information Technology ETF $VGT

Houlihan Financial Resource Group Ltd. trimmed its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 45.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,744 shares of the exchange traded fund’s stock after selling 2,324 shares during the period. Vanguard Information Technology ETF makes up about 1.8% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 20th largest position. Houlihan Financial Resource Group Ltd.’s holdings in Vanguard Information Technology ETF were worth $2,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VGT. LongView Wealth Management boosted its position in shares of Vanguard Information Technology ETF by 3.9% during the 3rd quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after acquiring an additional 14 shares during the last quarter. PDS Planning Inc raised its stake in Vanguard Information Technology ETF by 1.0% in the second quarter. PDS Planning Inc now owns 1,573 shares of the exchange traded fund’s stock valued at $1,043,000 after purchasing an additional 15 shares in the last quarter. Chesapeake Wealth Management lifted its position in Vanguard Information Technology ETF by 1.0% during the second quarter. Chesapeake Wealth Management now owns 1,537 shares of the exchange traded fund’s stock valued at $1,019,000 after purchasing an additional 15 shares during the last quarter. GAMMA Investing LLC lifted its position in Vanguard Information Technology ETF by 3.8% during the third quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 15 shares during the last quarter. Finally, Lauer Wealth LLC grew its stake in Vanguard Information Technology ETF by 3.4% in the 3rd quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 15 shares in the last quarter.

Vanguard Information Technology ETF Price Performance

Shares of NYSEARCA:VGT opened at $759.35 on Friday. The company’s fifty day moving average price is $756.35 and its 200-day moving average price is $731.20. The firm has a market capitalization of $113.63 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a one year low of $451.00 and a one year high of $806.99.

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.