First Bancorp Inc ME Makes New $1.63 Million Investment in Vanguard Utilities ETF $VPU

First Bancorp Inc ME purchased a new stake in Vanguard Utilities ETF (NYSEARCA:VPU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,331 shares of the company’s stock, valued at approximately $1,631,000.

A number of other hedge funds have also modified their holdings of the company. D.A. Davidson & CO. grew its holdings in Vanguard Utilities ETF by 1.8% during the first quarter. D.A. Davidson & CO. now owns 2,825 shares of the company’s stock valued at $560,000 after purchasing an additional 50 shares during the period. Russell Investments Group Ltd. raised its holdings in Vanguard Utilities ETF by 12.1% in the third quarter. Russell Investments Group Ltd. now owns 480 shares of the company’s stock worth $91,000 after purchasing an additional 52 shares during the period. Diversify Wealth Management LLC boosted its position in shares of Vanguard Utilities ETF by 2.9% during the first quarter. Diversify Wealth Management LLC now owns 1,911 shares of the company’s stock worth $378,000 after purchasing an additional 53 shares in the last quarter. Vivaldi Capital Management LP grew its holdings in shares of Vanguard Utilities ETF by 4.1% in the 3rd quarter. Vivaldi Capital Management LP now owns 1,352 shares of the company’s stock valued at $256,000 after buying an additional 53 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Vanguard Utilities ETF by 0.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 13,292 shares of the company’s stock valued at $2,602,000 after buying an additional 54 shares during the period.

Vanguard Utilities ETF Stock Up 0.2%

VPU opened at $187.32 on Wednesday. Vanguard Utilities ETF has a 12 month low of $178.51 and a 12 month high of $206.10. The company has a fifty day simple moving average of $193.65 and a 200 day simple moving average of $196.01. The stock has a market cap of $8.29 billion, a P/E ratio of 20.60 and a beta of 0.59.

Vanguard Utilities ETF Profile

Vanguard Utilities ETF (the Fund) is an exchange-traded class of shares issued by Vanguard Utilities Index Fund. The Fund tracks the performance of Morgan Stanley Capital International United States Investable Market Utilities Index, an index made up of stocks of large, medium-size and small United States companies in the utilities sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of those companies considered electric, gas, or water utilities, or companies that operate as independent producers and/or distributors of power.