Assetmark Inc. Buys 10,539 Shares of Vanguard Information Technology ETF (NYSEARCA:VGT)

Assetmark Inc. boosted its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 122.7% in the third quarter, HoldingsChannel reports. The firm owned 19,125 shares of the exchange traded fund’s stock after acquiring an additional 10,539 shares during the period. Assetmark Inc.’s holdings in Vanguard Information Technology ETF were worth $11,217,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in VGT. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Information Technology ETF in the 3rd quarter worth approximately $30,000. Triad Wealth Partners LLC purchased a new stake in Vanguard Information Technology ETF during the second quarter valued at approximately $32,000. Bell Investment Advisors Inc bought a new position in Vanguard Information Technology ETF in the second quarter worth approximately $33,000. Halpern Financial Inc. purchased a new position in shares of Vanguard Information Technology ETF during the 3rd quarter worth $33,000. Finally, Family Firm Inc. bought a new stake in shares of Vanguard Information Technology ETF during the 2nd quarter valued at $35,000.

Vanguard Information Technology ETF Stock Performance

Shares of Vanguard Information Technology ETF stock opened at $624.47 on Monday. The stock has a market cap of $78.63 billion, a P/E ratio of 36.30 and a beta of 1.41. The stock’s fifty day moving average is $584.33 and its 200 day moving average is $565.55. Vanguard Information Technology ETF has a one year low of $433.80 and a one year high of $626.45.

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).