Cullen Frost Bankers Inc. lowered its position in Vanguard Information Technology ETF (NYSEARCA:VGT – Free Report) by 23.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 249 shares of the exchange traded fund’s stock after selling 78 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard Information Technology ETF were worth $165,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of VGT. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $32,000. MorganRosel Wealth Management LLC acquired a new position in Vanguard Information Technology ETF in the first quarter valued at approximately $33,000. BankPlus Trust Department lifted its holdings in Vanguard Information Technology ETF by 169.2% in the first quarter. BankPlus Trust Department now owns 70 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 44 shares during the period. Finally, Sawyer & Company Inc acquired a new position in Vanguard Information Technology ETF in the second quarter valued at approximately $38,000.
Vanguard Information Technology ETF Price Performance
Shares of NYSEARCA VGT opened at $774.14 on Friday. The company’s 50 day simple moving average is $729.21 and its 200 day simple moving average is $659.86. Vanguard Information Technology ETF has a fifty-two week low of $451.00 and a fifty-two week high of $776.40. The firm has a market capitalization of $114.53 billion, a P/E ratio of 34.55 and a beta of 1.16.
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).
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