Advisory Services Network LLC Sells 1,470 Shares of Vanguard Information Technology ETF $VGT

Advisory Services Network LLC cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 7.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,454 shares of the exchange traded fund’s stock after selling 1,470 shares during the quarter. Advisory Services Network LLC’s holdings in Vanguard Information Technology ETF were worth $12,051,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Wheelhouse Advisory Group LLC increased its position in Vanguard Information Technology ETF by 6.1% during the second quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after acquiring an additional 1,317 shares during the period. Endowment Wealth Management Inc. acquired a new position in shares of Vanguard Information Technology ETF during the 2nd quarter worth approximately $289,000. Americana Partners LLC increased its holdings in shares of Vanguard Information Technology ETF by 10.1% during the second quarter. Americana Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $1,082,000 after purchasing an additional 149 shares during the period. American National Bank & Trust increased its holdings in shares of Vanguard Information Technology ETF by 173.3% during the second quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after purchasing an additional 104 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Vanguard Information Technology ETF by 20.9% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,442,000 after buying an additional 1,161 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 2.9%

Shares of VGT stock opened at $753.93 on Friday. The stock has a market cap of $111.54 billion, a P/E ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 1 year low of $451.00 and a 1 year high of $806.99. The stock has a 50 day simple moving average of $761.46 and a 200 day simple moving average of $710.36.

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).