New Millennium Group LLC Decreases Stock Holdings in Vanguard Information Technology ETF $VGT

New Millennium Group LLC cut its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 94.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 491 shares of the exchange traded fund’s stock after selling 8,155 shares during the period. New Millennium Group LLC’s holdings in Vanguard Information Technology ETF were worth $366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VGT. Uptick Partners LLC increased its stake in Vanguard Information Technology ETF by 2.6% in the 3rd quarter. Uptick Partners LLC now owns 518 shares of the exchange traded fund’s stock valued at $387,000 after purchasing an additional 13 shares in the last quarter. LongView Wealth Management grew its holdings in Vanguard Information Technology ETF by 3.9% in the third quarter. LongView Wealth Management now owns 374 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 14 shares during the last quarter. GAMMA Investing LLC grew its holdings in Vanguard Information Technology ETF by 3.8% in the third quarter. GAMMA Investing LLC now owns 414 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 15 shares during the last quarter. Lauer Wealth LLC increased its position in shares of Vanguard Information Technology ETF by 3.4% in the third quarter. Lauer Wealth LLC now owns 462 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 15 shares in the last quarter. Finally, Avion Wealth raised its stake in shares of Vanguard Information Technology ETF by 4.6% during the 3rd quarter. Avion Wealth now owns 339 shares of the exchange traded fund’s stock worth $253,000 after buying an additional 15 shares during the last quarter.

Vanguard Information Technology ETF Stock Down 0.4%

Vanguard Information Technology ETF stock opened at $734.65 on Friday. Vanguard Information Technology ETF has a 52 week low of $451.00 and a 52 week high of $806.99. The firm’s 50-day simple moving average is $751.37 and its 200 day simple moving average is $742.78. The firm has a market capitalization of $109.93 billion, a PE ratio of 34.55 and a beta of 1.25.

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.