Venturi Wealth Management LLC Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

Venturi Wealth Management LLC reduced its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 38.6% during the second quarter, HoldingsChannel.com reports. The fund owned 1,188 shares of the exchange traded fund’s stock after selling 746 shares during the quarter. Venturi Wealth Management LLC’s holdings in Vanguard Information Technology ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Cordant Inc. bought a new position in Vanguard Information Technology ETF during the first quarter valued at about $28,000. Smallwood Wealth Investment Management LLC purchased a new position in Vanguard Information Technology ETF in the first quarter valued at about $28,000. Atlantic Edge Private Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at approximately $32,000. MorganRosel Wealth Management LLC bought a new position in shares of Vanguard Information Technology ETF during the 1st quarter valued at approximately $33,000. Finally, BankPlus Trust Department increased its stake in shares of Vanguard Information Technology ETF by 169.2% during the 1st quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 44 shares during the last quarter.

Vanguard Information Technology ETF Trading Up 1.7%

Vanguard Information Technology ETF stock opened at $768.02 on Thursday. The business’s 50 day simple moving average is $714.47 and its 200 day simple moving average is $640.10. Vanguard Information Technology ETF has a 12 month low of $451.00 and a 12 month high of $768.09. The company has a market cap of $110.80 billion, a price-to-earnings ratio of 34.55 and a beta of 1.16.

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).