SBI Securities Co. Ltd. Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

SBI Securities Co. Ltd. lowered its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,055 shares of the exchange traded fund’s stock after selling 1,100 shares during the period. Vanguard Information Technology ETF makes up 0.9% of SBI Securities Co. Ltd.’s portfolio, making the stock its 20th biggest position. SBI Securities Co. Ltd.’s holdings in Vanguard Information Technology ETF were worth $35,879,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VGT. Checchi Capital Advisers LLC raised its position in Vanguard Information Technology ETF by 0.5% in the third quarter. Checchi Capital Advisers LLC now owns 4,071 shares of the exchange traded fund’s stock valued at $3,040,000 after purchasing an additional 20 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of Vanguard Information Technology ETF by 1.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 25,718 shares of the exchange traded fund’s stock valued at $19,202,000 after buying an additional 356 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Information Technology ETF by 4.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 393,951 shares of the exchange traded fund’s stock valued at $294,136,000 after buying an additional 15,337 shares during the period. Telos Capital Management Inc. lifted its position in Vanguard Information Technology ETF by 27.2% during the 3rd quarter. Telos Capital Management Inc. now owns 1,614 shares of the exchange traded fund’s stock worth $1,205,000 after acquiring an additional 345 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Vanguard Information Technology ETF by 1,776.9% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 6,175 shares of the exchange traded fund’s stock worth $4,610,000 after acquiring an additional 5,846 shares during the period.

Vanguard Information Technology ETF Stock Down 2.0%

Shares of NYSEARCA:VGT opened at $721.75 on Thursday. The company has a market capitalization of $108.00 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The company has a 50 day moving average of $757.76 and a two-hundred day moving average of $739.46. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

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). 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.