Cahaba Wealth Management Inc. Buys Shares of 513 Vanguard Information Technology ETF (NYSEARCA:VGT)

Cahaba Wealth Management Inc. bought a new stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 513 shares of the exchange traded fund’s stock, valued at approximately $301,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC grew its position in shares of Vanguard Information Technology ETF by 2.6% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 8,194 shares of the exchange traded fund’s stock valued at $4,813,000 after acquiring an additional 204 shares during the period. Capital Investment Advisors LLC boosted its holdings in Vanguard Information Technology ETF by 5.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 1,668 shares of the exchange traded fund’s stock worth $978,000 after buying an additional 91 shares during the period. Blue Trust Inc. boosted its holdings in Vanguard Information Technology ETF by 31.1% in the 3rd quarter. Blue Trust Inc. now owns 754 shares of the exchange traded fund’s stock worth $435,000 after buying an additional 179 shares during the period. Raub Brock Capital Management LP bought a new position in Vanguard Information Technology ETF in the 3rd quarter worth $203,000. Finally, JTC Employer Solutions Trustee Ltd lifted its stake in Vanguard Information Technology ETF by 19.6% in the 3rd quarter. JTC Employer Solutions Trustee Ltd now owns 2,906 shares of the exchange traded fund’s stock worth $1,705,000 after purchasing an additional 477 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 0.3 %

VGT stock traded up $2.07 during mid-day trading on Friday, hitting $603.56. The company had a trading volume of 304,832 shares, compared to its average volume of 463,651. The company has a market capitalization of $76.00 billion, a price-to-earnings ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 12-month low of $397.76 and a 12-month high of $610.06. The company has a 50-day moving average price of $574.51 and a 200 day moving average price of $555.25.

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).