Vanguard Information Technology ETF $VGT Stock Holdings Trimmed by Taiyo Life Insurance Co.

Taiyo Life Insurance Co. lowered its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 20.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,000 shares of the exchange traded fund’s stock after selling 43,000 shares during the period. Vanguard Information Technology ETF comprises about 13.0% of Taiyo Life Insurance Co.’s holdings, making the stock its 4th largest holding. Taiyo Life Insurance Co.’s holdings in Vanguard Information Technology ETF were worth $117,915,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGT. Focus Partners Wealth raised its holdings in shares of Vanguard Information Technology ETF by 78.8% during the 4th quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after buying an additional 571,488 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Information Technology ETF by 4.1% in the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock worth $4,839,352,000 after buying an additional 252,341 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Vanguard Information Technology ETF by 273.3% in the fourth quarter. Corient Private Wealth LLC now owns 314,346 shares of the exchange traded fund’s stock worth $236,948,000 after buying an additional 230,130 shares in the last quarter. Align Financial LLC purchased a new stake in Vanguard Information Technology ETF in the fourth quarter worth approximately $165,907,000. Finally, Orion Porfolio Solutions LLC grew its position in Vanguard Information Technology ETF by 2,925.1% during the second quarter. Orion Porfolio Solutions LLC now owns 152,433 shares of the exchange traded fund’s stock valued at $101,106,000 after acquiring an additional 147,394 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $113.10 on Monday. The company has a market capitalization of $138.65 billion, a PE 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. The company’s 50 day moving average price is $116.67 and its two-hundred day moving average price is $102.08.

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.