New Millennium Group LLC Has $5.74 Million Stake in Vanguard Information Technology ETF $VGT

New Millennium Group LLC grew its stake in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 3,866.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,646 shares of the exchange traded fund’s stock after purchasing an additional 8,428 shares during the quarter. Vanguard Information Technology ETF makes up 3.2% of New Millennium Group LLC’s portfolio, making the stock its 9th largest holding. New Millennium Group LLC’s holdings in Vanguard Information Technology ETF were worth $5,735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in VGT. BankPlus Trust Department grew its holdings in shares of Vanguard Information Technology ETF by 169.2% during the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 44 shares during the last quarter. Sawyer & Company Inc bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $38,000. Rice Partnership LLC bought a new position in shares of Vanguard Information Technology ETF during the second quarter valued at approximately $40,000. Blume Capital Management Inc. grew its holdings in shares of Vanguard Information Technology ETF by 62.5% during the second quarter. Blume Capital Management Inc. now owns 65 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 25 shares during the last quarter. Finally, Valued Wealth Advisors LLC bought a new position in shares of Vanguard Information Technology ETF during the first quarter valued at approximately $53,000.

Vanguard Information Technology ETF Trading Down 2.7%

NYSEARCA:VGT opened at $774.45 on Wednesday. The firm has a market capitalization of $114.58 billion, a PE ratio of 34.55 and a beta of 1.25. The stock has a 50 day moving average of $743.23 and a 200-day moving average of $675.32. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99.

Vanguard Information Technology ETF 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).