Assetmark Inc. Purchases 18,742 Shares of Vanguard Information Technology ETF $VGT

Assetmark Inc. boosted its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 135,651 shares of the exchange traded fund’s stock after purchasing an additional 18,742 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Information Technology ETF were worth $94,646,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Kingdom Financial Group LLC. bought a new position in shares of Vanguard Information Technology ETF during the fourth quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Information Technology ETF in the fourth quarter worth about $30,000. Wells Financial Advisors INC acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $29,000. Strategic Advocates LLC acquired a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $30,000. Finally, RHL Group LLC acquired a new stake in shares of Vanguard Information Technology ETF during the fourth quarter worth about $31,000.

Vanguard Information Technology ETF Price Performance

NYSEARCA:VGT opened at $114.24 on Friday. The business’s 50-day simple moving average is $116.66 and its 200-day simple moving average is $101.95. Vanguard Information Technology ETF has a fifty-two week low of $83.09 and a fifty-two week high of $126.00. The stock has a market capitalization of $140.05 billion, a PE ratio of 34.55 and a beta of 1.34.

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.