Assetmark Inc. Has $94.65 Million Stock Holdings in Vanguard Information Technology ETF $VGT

Assetmark Inc. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 16.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 135,651 shares of the exchange traded fund’s stock after acquiring an additional 18,742 shares during the period. Assetmark Inc. owned 0.09% of Vanguard Information Technology ETF worth $94,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in Vanguard Information Technology ETF by 78.8% in the fourth quarter. Focus Partners Wealth now owns 1,297,055 shares of the exchange traded fund’s stock valued at $977,603,000 after acquiring an additional 571,488 shares during the last quarter. Strategic Investment Advisors MI acquired a new stake in Vanguard Information Technology ETF during the 3rd quarter worth $237,501,000. JPMorgan Chase & Co. raised its position in shares of Vanguard Information Technology ETF by 4.1% during the 4th quarter. JPMorgan Chase & Co. now owns 6,420,110 shares of the exchange traded fund’s stock valued at $4,839,352,000 after acquiring an additional 252,341 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of Vanguard Information Technology ETF by 273.3% during the 4th quarter. Corient Private Wealth LLC now owns 314,346 shares of the exchange traded fund’s stock valued at $236,948,000 after acquiring an additional 230,130 shares during the last quarter. Finally, Align Financial LLC acquired a new position in shares of Vanguard Information Technology ETF in the 4th quarter valued at $165,907,000.

Vanguard Information Technology ETF Stock Down 1.9%

VGT stock opened at $114.24 on Friday. Vanguard Information Technology ETF has a twelve month low of $83.09 and a twelve month high of $126.00. The company has a market cap of $140.05 billion, a P/E ratio of 34.55 and a beta of 1.34. The business’s fifty day moving average is $116.66 and its 200-day moving average is $101.95.

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.