Independence Bank of Kentucky Raises Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Independence Bank of Kentucky boosted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 19.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 9,205 shares of the company’s stock after purchasing an additional 1,522 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 1.2% of Independence Bank of Kentucky’s portfolio, making the stock its 17th biggest holding. Independence Bank of Kentucky’s holdings in Vanguard S&P 500 ETF were worth $4,604,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in VOO. JPMorgan Chase & Co. increased its holdings in Vanguard S&P 500 ETF by 95.8% in the first quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after buying an additional 10,393,926 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the 1st quarter valued at approximately $1,635,464,000. Steel Grove Capital Advisors LLC lifted its stake in Vanguard S&P 500 ETF by 557.5% during the first quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock worth $1,711,316,000 after purchasing an additional 3,018,626 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard S&P 500 ETF by 11.1% in the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after purchasing an additional 2,546,192 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Vanguard S&P 500 ETF by 352.1% during the first quarter. Cetera Investment Advisers now owns 1,210,324 shares of the company’s stock valued at $581,803,000 after purchasing an additional 942,640 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock traded up $5.53 on Friday, reaching $516.66. 5,102,791 shares of the company were exchanged, compared to its average volume of 5,102,286. Vanguard S&P 500 ETF has a 1-year low of $375.95 and a 1-year high of $519.40. The firm has a market cap of $468.07 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The company’s 50-day moving average is $503.36 and its two-hundred day moving average is $484.30.

Vanguard S&P 500 ETF Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.