Calder Financial LLC Increases Stock Holdings in Vanguard Information Technology ETF $VGT

Calder Financial LLC boosted its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 794.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,235 shares of the exchange traded fund’s stock after buying an additional 8,202 shares during the quarter. Vanguard Information Technology ETF makes up approximately 1.0% of Calder Financial LLC’s investment portfolio, making the stock its 22nd biggest holding. Calder Financial LLC’s holdings in Vanguard Information Technology ETF were worth $1,104,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new position in Vanguard Information Technology ETF during the fourth quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter worth about $30,000. Wells Financial Advisors INC purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $29,000. RHL Group LLC purchased a new position in shares of Vanguard Information Technology ETF during the 4th quarter worth about $31,000. Finally, Jessup Wealth Management Inc bought a new position in Vanguard Information Technology ETF during the 4th quarter valued at about $31,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $120.15 on Wednesday. The firm has a market capitalization of $147.29 billion, a P/E ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00. The company’s 50-day moving average is $116.60 and its 200 day moving average is $103.67.

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). 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.