Strategic Financial Concepts LLC Trims Stock Position in Vanguard Information Technology ETF $VGT

Strategic Financial Concepts LLC lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 10.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,704 shares of the exchange traded fund’s stock after selling 189 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Vanguard Information Technology ETF were worth $1,130,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. PDS Planning Inc increased its position in shares of Vanguard Information Technology ETF by 1.0% during the 2nd 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 during the last quarter. Chesapeake Wealth Management increased its position in shares of Vanguard Information Technology ETF by 1.0% during the 2nd 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. Anfield Capital Management LLC increased its position in shares of Vanguard Information Technology ETF by 10.6% during the 1st quarter. Anfield Capital Management LLC now owns 177 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 17 shares during the last quarter. National Wealth Management Group LLC increased its position in shares of Vanguard Information Technology ETF by 0.4% during the 1st quarter. National Wealth Management Group LLC now owns 4,083 shares of the exchange traded fund’s stock valued at $2,215,000 after purchasing an additional 17 shares during the last quarter. Finally, RCS Financial Planning LLC increased its position in shares of Vanguard Information Technology ETF by 3.1% during the 2nd quarter. RCS Financial Planning LLC now owns 569 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 17 shares during the last quarter.

Vanguard Information Technology ETF Stock Up 0.3%

NYSEARCA VGT opened at $793.21 on Friday. The company has a 50-day moving average price of $739.59 and a 200-day moving average price of $670.23. The firm has a market capitalization of $117.36 billion, a P/E ratio of 34.55 and a beta of 1.25. 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).