Assetmark Inc. Purchases 7,485 Shares of Vanguard Information Technology ETF $VGT

Assetmark Inc. increased its position in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,532 shares of the exchange traded fund’s stock after acquiring an additional 7,485 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Information Technology ETF were worth $44,129,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wheelhouse Advisory Group LLC increased its stake in Vanguard Information Technology ETF by 6.1% during the 2nd quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock valued at $15,155,000 after purchasing an additional 1,317 shares in the last quarter. Golden State Wealth Management LLC increased its stake in Vanguard Information Technology ETF by 17.5% during the 1st quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 21 shares in the last quarter. Endowment Wealth Management Inc. acquired a new position in Vanguard Information Technology ETF during the 2nd quarter valued at approximately $289,000. American National Bank & Trust increased its stake in Vanguard Information Technology ETF by 173.3% during the 2nd quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock valued at $109,000 after purchasing an additional 104 shares in the last quarter. Finally, Index Fund Advisors Inc. increased its stake in Vanguard Information Technology ETF by 286.4% during the 2nd quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock valued at $4,292,000 after purchasing an additional 4,797 shares in the last quarter.

Vanguard Information Technology ETF Trading Down 1.3%

Shares of Vanguard Information Technology ETF stock opened at $790.95 on Friday. Vanguard Information Technology ETF has a 12-month low of $451.00 and a 12-month high of $806.99. The firm has a market capitalization of $117.02 billion, a price-to-earnings ratio of 34.55 and a beta of 1.25. The firm’s 50 day simple moving average is $737.61 and its two-hundred day simple moving average is $667.36.

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).