Taiyo Life Insurance Co. Has $117.92 Million Position in Vanguard Information Technology ETF $VGT

Taiyo Life Insurance Co. reduced its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 20.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,000 shares of the exchange traded fund’s stock after selling 43,000 shares during the period. Vanguard Information Technology ETF makes up 13.0% of Taiyo Life Insurance Co.’s portfolio, making the stock its 4th biggest holding. Taiyo Life Insurance Co. owned about 0.11% of Vanguard Information Technology ETF worth $117,915,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Center For Asset Management LLC grew its position in Vanguard Information Technology ETF by 4.4% during the fourth quarter. Center For Asset Management LLC now owns 334 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 14 shares in the last quarter. Roman Butler Fullerton & Co. raised its holdings in shares of Vanguard Information Technology ETF by 2.4% in the 4th quarter. Roman Butler Fullerton & Co. now owns 587 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 14 shares in the last quarter. Plancorp LLC raised its holdings in shares of Vanguard Information Technology ETF by 0.7% in the 4th quarter. Plancorp LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $1,582,000 after acquiring an additional 14 shares in the last quarter. Sand Hill Global Advisors LLC boosted its position in shares of Vanguard Information Technology ETF by 2.9% during the 4th quarter. Sand Hill Global Advisors LLC now owns 491 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 14 shares during the last quarter. Finally, Saxony Capital Management LLC boosted its position in shares of Vanguard Information Technology ETF by 2.1% during the 4th quarter. Saxony Capital Management LLC now owns 718 shares of the exchange traded fund’s stock valued at $541,000 after acquiring an additional 15 shares during the last quarter.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $113.10 on Monday. The company’s 50 day moving average is $116.67 and its 200 day moving average is $102.08. The stock has a market cap of $138.65 billion, a price-to-earnings ratio of 34.55 and a beta of 1.34. Vanguard Information Technology ETF has a 1-year low of $83.09 and a 1-year high of $126.00.

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.