Cullen Frost Bankers Inc. boosted its position in Vanguard Information Technology ETF (NYSEARCA:VGT) by 12.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,610 shares of the exchange traded fund’s stock after buying an additional 400 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard Information Technology ETF were worth $508,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VGT. Smith Salley & Associates boosted its stake in shares of Vanguard Information Technology ETF by 0.4% in the second quarter. Smith Salley & Associates now owns 18,688 shares of the exchange traded fund’s stock worth $2,632,000 after buying an additional 83 shares during the period. Pillar Pacific Capital Management LLC boosted its stake in shares of Vanguard Information Technology ETF by 2.9% in the second quarter. Pillar Pacific Capital Management LLC now owns 8,507 shares of the exchange traded fund’s stock worth $1,198,000 after buying an additional 240 shares during the period. First Heartland Consultants Inc. boosted its stake in shares of Vanguard Information Technology ETF by 45.9% in the second quarter. First Heartland Consultants Inc. now owns 3,043 shares of the exchange traded fund’s stock worth $429,000 after buying an additional 957 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Vanguard Information Technology ETF by 5.2% in the second quarter. Stratos Wealth Partners LTD. now owns 20,022 shares of the exchange traded fund’s stock worth $2,820,000 after buying an additional 992 shares during the period. Finally, Exchange Capital Management Inc. boosted its stake in shares of Vanguard Information Technology ETF by 83.0% in the second quarter. Exchange Capital Management Inc. now owns 2,619 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 1,188 shares during the period.

Shares of Vanguard Information Technology ETF (NYSEARCA:VGT) opened at 148.34 on Tuesday. The stock has a 50 day moving average of $144.75 and a 200-day moving average of $138.14. Vanguard Information Technology ETF has a 52 week low of $114.44 and a 52 week high of $149.78.

TRADEMARK VIOLATION NOTICE: This story was first posted by Daily Political and is the property of of Daily Political. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright law. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/08/08/cullen-frost-bankers-inc-has-508000-stake-in-vanguard-information-technology-etf-nysearcavgt.html.

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).

Institutional Ownership by Quarter for Vanguard Information Technology ETF (NYSEARCA:VGT)

Receive News & Ratings for Vanguard Information Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Information Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.