Independence Bank of Kentucky Grows Stock Position in Vanguard Growth ETF $VUG

Independence Bank of Kentucky boosted its holdings in Vanguard Growth ETF (NYSEARCA:VUG) by 491.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,708 shares of the company’s stock after buying an additional 14,714 shares during the period. Independence Bank of Kentucky’s holdings in Vanguard Growth ETF were worth $1,525,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VUG. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF during the third quarter worth approximately $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at $35,000. Garner Asset Management Corp purchased a new stake in shares of Vanguard Growth ETF during the 4th quarter valued at $41,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $41,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of Vanguard Growth ETF during the 4th quarter worth $44,000.

Vanguard Growth ETF Trading Down 1.0%

Shares of VUG opened at $87.37 on Wednesday. The firm has a market capitalization of $226.01 billion, a P/E ratio of 36.22 and a beta of 1.22. The stock’s fifty day simple moving average is $86.58 and its 200 day simple moving average is $82.96. Vanguard Growth ETF has a twelve month low of $69.63 and a twelve month high of $90.60.

Vanguard Growth ETF Company Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.