Assetmark Inc. Purchases 18,642 Shares of Vanguard Information Technology ETF $VGT

Assetmark Inc. lifted its holdings in Vanguard Information Technology ETF (NYSEARCA:VGT) by 28.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,174 shares of the exchange traded fund’s stock after acquiring an additional 18,642 shares during the period. Assetmark Inc. owned approximately 0.06% of Vanguard Information Technology ETF worth $63,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Wedbush Securities Inc. raised its stake in shares of Vanguard Information Technology ETF by 37.9% in the third quarter. Wedbush Securities Inc. now owns 6,338 shares of the exchange traded fund’s stock worth $4,732,000 after purchasing an additional 1,743 shares during the last quarter. Savvy Advisors Inc. lifted its position in shares of Vanguard Information Technology ETF by 5,102.1% during the 3rd quarter. Savvy Advisors Inc. now owns 21,901 shares of the exchange traded fund’s stock valued at $16,352,000 after buying an additional 21,480 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its position in shares of Vanguard Information Technology ETF by 43.7% in the third quarter. Onyx Bridge Wealth Group LLC now owns 1,053 shares of the exchange traded fund’s stock valued at $786,000 after purchasing an additional 320 shares during the period. Willis Johnson & Associates Inc. purchased a new stake in shares of Vanguard Information Technology ETF during the 3rd quarter valued at approximately $299,000. Finally, Cibc World Market Inc. boosted its stake in Vanguard Information Technology ETF by 3.3% in the 3rd quarter. Cibc World Market Inc. now owns 13,453 shares of the exchange traded fund’s stock worth $10,044,000 after purchasing an additional 425 shares during the period.

Vanguard Information Technology ETF Stock Performance

NYSEARCA:VGT opened at $730.80 on Friday. The stock has a fifty day moving average of $754.81 and a 200 day moving average of $741.52. The firm has a market capitalization of $109.36 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $806.99.

Vanguard Information Technology ETF Company 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.