First Bancorp Inc ME Invests $928,000 in Vanguard Dividend Appreciation ETF $VIG

First Bancorp Inc ME purchased a new position in shares of Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,920 shares of the company’s stock, valued at approximately $928,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LifeGoal Investments LLC lifted its position in Vanguard Dividend Appreciation ETF by 1.5% in the 2nd quarter. LifeGoal Investments LLC now owns 2,858 shares of the company’s stock worth $676,000 after buying an additional 43 shares in the last quarter. Davis Capital Management boosted its stake in shares of Vanguard Dividend Appreciation ETF by 15.8% during the 2nd quarter. Davis Capital Management now owns 322 shares of the company’s stock valued at $76,000 after buying an additional 44 shares during the period. Burling Wealth Partners LLC boosted its stake in shares of Vanguard Dividend Appreciation ETF by 0.4% during the 1st quarter. Burling Wealth Partners LLC now owns 12,557 shares of the company’s stock valued at $2,701,000 after buying an additional 46 shares during the period. Taylor & Morgan Wealth Management LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 1.7% during the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 2,793 shares of the company’s stock valued at $661,000 after acquiring an additional 47 shares in the last quarter. Finally, Castle Rock Wealth Management LLC grew its holdings in shares of Vanguard Dividend Appreciation ETF by 2.3% during the 4th quarter. Castle Rock Wealth Management LLC now owns 2,109 shares of the company’s stock valued at $473,000 after acquiring an additional 48 shares in the last quarter.

Vanguard Dividend Appreciation ETF Trading Down 0.4%

NYSEARCA VIG opened at $243.23 on Friday. Vanguard Dividend Appreciation ETF has a 1-year low of $208.73 and a 1-year high of $247.45. The firm’s fifty day simple moving average is $240.15 and its 200-day simple moving average is $231.04. The company has a market capitalization of $113.19 billion, a PE ratio of 23.32 and a beta of 0.81.

Vanguard Dividend Appreciation ETF Profile

Vanguard Dividend Appreciation ETF (the Fund) seeks to track the investment performance of the Dividend Achievers Select Index. Vanguard Dividend Appreciation ETF is an exchange-traded share class of Vanguard Dividend Appreciation Index Fund. The Fund will hold all the stocks in the index in approximately the same proportions as their weightings in the index. The Vanguard Group, Inc, through its Quantitative Equity Group, serves as the investment advisor of the Fund.