Cullen Frost Bankers Inc. Lowers Holdings in Vanguard Large-Cap ETF $VV

Cullen Frost Bankers Inc. trimmed its holdings in Vanguard Large-Cap ETF (NYSEARCA:VV) by 4.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 44,882 shares of the company’s stock after selling 2,056 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Vanguard Large-Cap ETF were worth $13,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VV. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Large-Cap ETF during the third quarter worth $200,664,000. Whittier Trust Co. increased its holdings in Vanguard Large-Cap ETF by 4.5% in the 3rd quarter. Whittier Trust Co. now owns 37,130 shares of the company’s stock valued at $11,482,000 after acquiring an additional 1,609 shares during the last quarter. Sawgrass Asset Management LLC lifted its stake in Vanguard Large-Cap ETF by 0.5% in the 3rd quarter. Sawgrass Asset Management LLC now owns 22,925 shares of the company’s stock worth $7,058,000 after purchasing an additional 123 shares in the last quarter. Biltmore Family Office LLC boosted its holdings in shares of Vanguard Large-Cap ETF by 0.4% during the 3rd quarter. Biltmore Family Office LLC now owns 50,362 shares of the company’s stock valued at $15,545,000 after purchasing an additional 215 shares during the last quarter. Finally, JFG Wealth Management LLC grew its position in shares of Vanguard Large-Cap ETF by 1.1% during the third quarter. JFG Wealth Management LLC now owns 766,719 shares of the company’s stock valued at $236,042,000 after purchasing an additional 8,146 shares in the last quarter.

Vanguard Large-Cap ETF Trading Up 0.0%

Shares of VV stock opened at $317.43 on Monday. The stock has a market capitalization of $47.64 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 12-month low of $221.40 and a 12-month high of $321.03. The stock’s 50-day moving average price is $315.05 and its 200-day moving average price is $306.67.

Vanguard Large-Cap ETF Company Profile

Vanguard Large-Cap Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund employs a passive management investment approach designed to track the performance of the MSCI US Prime Market 750 Index, a diversified index predominantly made up of stocks of large United States companies. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.