Rakuten Securities Inc. Has $444,000 Position in Vanguard Information Technology ETF (NYSEARCA:VGT)

Rakuten Securities Inc. lowered its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 714 shares of the exchange traded fund’s stock after selling 20 shares during the quarter. Rakuten Securities Inc.’s holdings in Vanguard Information Technology ETF were worth $444,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VGT. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Vanguard Information Technology ETF by 45.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 93 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 29 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of Vanguard Information Technology ETF by 20.4% during the fourth quarter. Principal Securities Inc. now owns 667 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 113 shares in the last quarter. Carnegie Investment Counsel grew its holdings in shares of Vanguard Information Technology ETF by 5.4% during the fourth quarter. Carnegie Investment Counsel now owns 2,269 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 117 shares in the last quarter. FMR LLC grew its holdings in shares of Vanguard Information Technology ETF by 11.0% during the third quarter. FMR LLC now owns 64,373 shares of the exchange traded fund’s stock worth $37,756,000 after buying an additional 6,396 shares in the last quarter. Finally, Atlantic Family Wealth LLC bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth about $4,181,000.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $548.37 on Wednesday. The company has a market cap of $76.12 billion, a PE ratio of 36.18 and a beta of 1.16. Vanguard Information Technology ETF has a 52-week low of $478.25 and a 52-week high of $648.76. The stock has a 50-day simple moving average of $616.73 and a 200 day simple moving average of $606.86.

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).