CWS Financial Advisors LLC Grows Holdings in Vanguard Information Technology ETF $VGT

CWS Financial Advisors LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 701.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 23,453 shares of the exchange traded fund’s stock after buying an additional 20,525 shares during the period. Vanguard Information Technology ETF accounts for 0.6% of CWS Financial Advisors LLC’s portfolio, making the stock its 21st largest position. CWS Financial Advisors LLC’s holdings in Vanguard Information Technology ETF were worth $2,803,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Florida Trust Wealth Management Co increased its stake in Vanguard Information Technology ETF by 725.8% in the 2nd quarter. Florida Trust Wealth Management Co now owns 21,736 shares of the exchange traded fund’s stock worth $2,598,000 after purchasing an additional 19,104 shares during the period. First Merchants Corp boosted its stake in shares of Vanguard Information Technology ETF by 744.7% during the second quarter. First Merchants Corp now owns 331,585 shares of the exchange traded fund’s stock valued at $39,631,000 after purchasing an additional 292,331 shares during the period. Innovative Wealth Building LLC grew its holdings in shares of Vanguard Information Technology ETF by 748.5% in the second quarter. Innovative Wealth Building LLC now owns 58,592 shares of the exchange traded fund’s stock worth $7,003,000 after purchasing an additional 51,687 shares during the last quarter. Clark Asset Management LLC grew its holdings in shares of Vanguard Information Technology ETF by 1,004.8% in the second quarter. Clark Asset Management LLC now owns 5,513 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 5,014 shares during the last quarter. Finally, Financial & Tax Architects LLC purchased a new position in shares of Vanguard Information Technology ETF in the second quarter worth $491,000.

Vanguard Information Technology ETF Stock Down 0.4%

NYSEARCA:VGT opened at $118.36 on Friday. The firm has a market capitalization of $145.10 billion, a P/E ratio of 34.55 and a beta of 1.34. The company has a fifty day moving average of $116.96 and a 200 day moving average of $105.87. Vanguard Information Technology ETF has a 52 week low of $83.09 and a 52 week high of $126.00.

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). 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.