Cahill Financial Advisors Inc. Grows Stock Holdings in Vanguard Information Technology ETF $VGT

Cahill Financial Advisors Inc. increased its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 704.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 20,036 shares of the exchange traded fund’s stock after buying an additional 17,544 shares during the period. Cahill Financial Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $2,395,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. LBJ Family Wealth Advisors Ltd. raised its stake in Vanguard Information Technology ETF by 700.3% during the 2nd quarter. LBJ Family Wealth Advisors Ltd. now owns 2,761 shares of the exchange traded fund’s stock valued at $322,000 after buying an additional 2,416 shares during the last quarter. IPG Investment Advisors LLC grew its holdings in shares of Vanguard Information Technology ETF by 267.9% in the second quarter. IPG Investment Advisors LLC now owns 6,026 shares of the exchange traded fund’s stock worth $720,000 after acquiring an additional 4,388 shares during the period. MCF Advisors LLC increased its position in Vanguard Information Technology ETF by 669.7% during the second quarter. MCF Advisors LLC now owns 5,034 shares of the exchange traded fund’s stock valued at $602,000 after acquiring an additional 4,380 shares during the last quarter. Archford Capital Strategies LLC lifted its holdings in Vanguard Information Technology ETF by 700.0% in the second quarter. Archford Capital Strategies LLC now owns 32,960 shares of the exchange traded fund’s stock valued at $3,939,000 after acquiring an additional 28,840 shares during the period. Finally, Lunt Capital Management Inc. boosted its position in Vanguard Information Technology ETF by 700.0% in the second quarter. Lunt Capital Management Inc. now owns 7,320 shares of the exchange traded fund’s stock worth $875,000 after purchasing an additional 6,405 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.1%

NYSEARCA VGT opened at $120.89 on Thursday. The company has a 50-day moving average price of $117.55 and a 200-day moving average price of $108.60. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00. The firm has a market capitalization of $148.20 billion, a P/E ratio of 34.55 and a beta of 1.35.

Vanguard Information Technology ETF 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). 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.