Vanguard Information Technology ETF $VGT Stock Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. trimmed its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 373,706 shares of the exchange traded fund’s stock after selling 4,219 shares during the period. Vanguard Information Technology ETF makes up about 1.1% of SBI Securities Co. Ltd.’s portfolio, making the stock its 17th biggest position. SBI Securities Co. Ltd.’s holdings in Vanguard Information Technology ETF were worth $46,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of VGT. Courage Miller Partners LLC bought a new stake in shares of Vanguard Information Technology ETF in the 3rd quarter worth about $201,000. Cardinal Point Capital Management ULC boosted its stake in shares of Vanguard Information Technology ETF by 1.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 53,384 shares of the exchange traded fund’s stock worth $6,709,000 after purchasing an additional 512 shares during the period. Foster Victor Wealth Advisors LLC boosted its stake in shares of Vanguard Information Technology ETF by 62.6% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 4,089 shares of the exchange traded fund’s stock worth $492,000 after purchasing an additional 1,575 shares during the period. Hartford Financial Management Inc. grew its holdings in Vanguard Information Technology ETF by 1.1% during the 3rd quarter. Hartford Financial Management Inc. now owns 195,376 shares of the exchange traded fund’s stock valued at $24,553,000 after purchasing an additional 2,122 shares during the last quarter. Finally, Kings Path Partners LLC bought a new position in Vanguard Information Technology ETF during the 3rd quarter valued at about $34,000.

Vanguard Information Technology ETF Price Performance

Vanguard Information Technology ETF stock opened at $118.60 on Friday. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $130.66. The firm has a market capitalization of $145.89 billion, a P/E ratio of 34.55 and a beta of 1.34. The company’s 50-day moving average is $122.43 and its 200 day moving average is $116.02.

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.