Trustmark Bank Trust Department Grows Stock Holdings in Vanguard Growth ETF $VUG

Trustmark Bank Trust Department lifted its stake in Vanguard Growth ETF (NYSEARCA:VUG) by 478.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 728,319 shares of the company’s stock after purchasing an additional 602,502 shares during the period. Vanguard Growth ETF accounts for 3.7% of Trustmark Bank Trust Department’s portfolio, making the stock its 7th largest position. Trustmark Bank Trust Department’s holdings in Vanguard Growth ETF were worth $62,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Clark Wealth Partners lifted its stake in shares of Vanguard Growth ETF by 500.0% during the second quarter. Clark Wealth Partners now owns 306 shares of the company’s stock valued at $26,000 after acquiring an additional 255 shares during the period. Turning Point Benefit Group Inc. bought a new stake in Vanguard Growth ETF during the 3rd quarter worth about $26,000. Kentucky Trust Co lifted its position in Vanguard Growth ETF by 500.0% during the 2nd quarter. Kentucky Trust Co now owns 336 shares of the company’s stock valued at $29,000 after purchasing an additional 280 shares during the period. Byrne Asset Management LLC boosted its stake in shares of Vanguard Growth ETF by 500.0% in the 2nd quarter. Byrne Asset Management LLC now owns 372 shares of the company’s stock valued at $32,000 after purchasing an additional 310 shares during the last quarter. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Vanguard Growth ETF in the 4th quarter valued at about $35,000.

Vanguard Growth ETF Price Performance

VUG opened at $88.54 on Friday. The firm has a 50 day simple moving average of $86.47 and a 200 day simple moving average of $82.79. Vanguard Growth ETF has a fifty-two week low of $69.63 and a fifty-two week high of $90.60. The company has a market cap of $229.04 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

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.