"Rockland Trust Co increased its position in Alphabet by 50,959 shares in Q2 2025, holding a total of 491,921 shares valued at $86.71 million."
"The purchase raised Rockland Trust Co's stake in Alphabet to 4.22% of reported 13F AUM, with total U.S. equity assets standing at $2.05 billion."
"Alphabet's stock closed at $177.62 on July 10, 2025, underperforming the S&P 500 by 18.63 percentage points and is 14.2% below the 52-week high."
"Despite its underperformance, Rockland Trust Co boosted its Alphabet exposure by 11.6% at an appealing valuation, showcasing confidence in the company's diverse portfolio."
Rockland Trust Co disclosed the acquisition of 50,959 shares of Alphabet in Q2 2025, increasing its holdings of Alphabet to 491,921 shares valued at $86.71 million as of July 10, 2025. This purchase raised the company’s stake in Alphabet to 4.22% of its reported U.S. equity assets, which total $2.05 billion. Alphabet's stock was noted to have underperformed the S&P 500 by 18.63 percentage points and was 14.2% below its 52-week high as of the same date.
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