Taiyo Life Insurance Co. Boosts Stake in Vanguard Information Technology ETF $VGT

Taiyo Life Insurance Co. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 700.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,352,000 shares of the exchange traded fund’s stock after purchasing an additional 1,183,000 shares during the period. Vanguard Information Technology ETF comprises 14.8% of Taiyo Life Insurance Co.’s portfolio, making the stock its 3rd biggest holding. Taiyo Life Insurance Co. owned about 0.11% of Vanguard Information Technology ETF worth $161,591,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VGT. Kingdom Financial Group LLC. bought a new position in shares of Vanguard Information Technology ETF in the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Vanguard Information Technology ETF by 497.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 233 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 194 shares during the last quarter. Wells Financial Advisors INC bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $29,000. RHL Group LLC bought a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in Vanguard Information Technology ETF during the fourth quarter valued at approximately $31,000.

Vanguard Information Technology ETF Trading Down 0.8%

Shares of VGT stock opened at $118.80 on Thursday. Vanguard Information Technology ETF has a 12 month low of $83.09 and a 12 month high of $126.00. The stock has a market cap of $145.64 billion, a P/E ratio of 34.55 and a beta of 1.34. The company has a 50 day simple moving average of $116.91 and a two-hundred day simple moving average of $105.69.

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.