Independence Bank of Kentucky Increases Holdings in Vanguard Growth ETF $VUG

Independence Bank of Kentucky boosted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 491.4% in the 2nd quarter, Holdings Channel reports. The firm owned 17,708 shares of the company’s stock after buying an additional 14,714 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Growth ETF were worth $1,525,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bedel Financial Consulting Inc. grew its position in Vanguard Growth ETF by 472.3% in the second quarter. Bedel Financial Consulting Inc. now owns 25,658 shares of the company’s stock valued at $2,210,000 after acquiring an additional 21,175 shares in the last quarter. Luken Investment Analytics LLC boosted its stake in shares of Vanguard Growth ETF by 500.0% in the second quarter. Luken Investment Analytics LLC now owns 1,200 shares of the company’s stock valued at $103,000 after purchasing an additional 1,000 shares during the period. Acorn Wealth Advisors LLC grew its holdings in Vanguard Growth ETF by 925.8% during the 2nd quarter. Acorn Wealth Advisors LLC now owns 40,097 shares of the company’s stock valued at $3,454,000 after purchasing an additional 36,188 shares in the last quarter. Triumph Capital Management grew its holdings in Vanguard Growth ETF by 500.0% during the 2nd quarter. Triumph Capital Management now owns 1,206 shares of the company’s stock valued at $104,000 after purchasing an additional 1,005 shares in the last quarter. Finally, Solstein Capital LLC increased its stake in Vanguard Growth ETF by 500.0% during the 2nd quarter. Solstein Capital LLC now owns 7,194 shares of the company’s stock worth $620,000 after buying an additional 5,995 shares during the period.

Vanguard Growth ETF Price Performance

Shares of VUG stock opened at $87.37 on Wednesday. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm has a market capitalization of $226.01 billion, a P/E ratio of 36.22 and a beta of 1.22. The company’s fifty day moving average price is $86.58 and its two-hundred day moving average price is $82.96.

Vanguard Growth ETF 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.