SBI Securities Co. Ltd. Acquires 329,998 Shares of Vanguard Information Technology ETF $VGT

SBI Securities Co. Ltd. increased its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 688.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 377,925 shares of the exchange traded fund’s stock after purchasing an additional 329,998 shares during the quarter. Vanguard Information Technology ETF comprises about 1.0% of SBI Securities Co. Ltd.’s portfolio, making the stock its 19th biggest position. SBI Securities Co. Ltd.’s holdings in Vanguard Information Technology ETF were worth $45,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Information Technology ETF in the 4th quarter valued at $27,000. Wells Financial Advisors INC bought a new position in Vanguard Information Technology ETF in the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new position in shares of Vanguard Information Technology ETF in the fourth quarter valued at $31,000. Jessup Wealth Management Inc acquired a new position in Vanguard Information Technology ETF during the fourth quarter worth approximately $31,000. Finally, GW&K Investment Management LLC raised its stake in Vanguard Information Technology ETF by 100.0% in the 4th quarter. GW&K Investment Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 21 shares during the period.

Vanguard Information Technology ETF Trading Down 0.0%

Vanguard Information Technology ETF stock opened at $122.54 on Tuesday. The company has a market capitalization of $150.22 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. The stock’s 50 day moving average is $116.69 and its 200-day moving average is $105.36. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month 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.