SBI Securities Co. Ltd. Has $45.17 Million Stock Position in Vanguard Information Technology ETF $VGT

SBI Securities Co. Ltd. increased its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 688.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor 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 accounts for 1.0% of SBI Securities Co. Ltd.’s portfolio, making the stock its 19th biggest holding. SBI Securities Co. Ltd.’s holdings in Vanguard Information Technology ETF were worth $45,170,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Vanguard Information Technology ETF by 34.9% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the exchange traded fund’s stock valued at $1,438,000 after buying an additional 598 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Vanguard Information Technology ETF by 80.9% during the 1st quarter. AQR Capital Management LLC now owns 4,147 shares of the exchange traded fund’s stock worth $2,249,000 after buying an additional 1,854 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Vanguard Information Technology ETF by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 112,999 shares of the exchange traded fund’s stock worth $61,288,000 after purchasing an additional 305 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in Vanguard Information Technology ETF by 378.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,713 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 5,309 shares during the period. Finally, First Trust Advisors LP increased its position in shares of Vanguard Information Technology ETF by 17.9% during the 2nd quarter. First Trust Advisors LP now owns 980 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 149 shares during the last quarter.

Vanguard Information Technology ETF Price Performance

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