Nomura Asset Management Co. Ltd. Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

Nomura Asset Management Co. Ltd. lessened its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 3.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,631 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Vanguard Information Technology ETF were worth $11,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Sawyer & Company Inc purchased a new position in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $38,000. Rice Partnership LLC purchased a new position in Vanguard Information Technology ETF in the second quarter valued at about $40,000. Blume Capital Management Inc. grew its position in shares of Vanguard Information Technology ETF by 62.5% during the 2nd quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 25 shares during the period. Clearstead Trust LLC bought a new position in shares of Vanguard Information Technology ETF during the 2nd quarter valued at approximately $45,000. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth approximately $50,000.

Vanguard Information Technology ETF Trading Up 0.7%

Shares of NYSEARCA VGT opened at $737.57 on Thursday. The stock has a fifty day simple moving average of $756.11 and a two-hundred day simple moving average of $691.45. Vanguard Information Technology ETF has a 1-year low of $451.00 and a 1-year high of $806.99. The firm has a market cap of $109.12 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25.

Vanguard Information Technology ETF 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).