First Bancorp Inc ME Has $1.71 Million Holdings in Vanguard Growth ETF $VUG

First Bancorp Inc ME boosted its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 521.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,807 shares of the company’s stock after buying an additional 16,619 shares during the period. First Bancorp Inc ME’s holdings in Vanguard Growth ETF were worth $1,706,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VUG. Turning Point Benefit Group Inc. acquired a new position in shares of Vanguard Growth ETF during the 3rd quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new stake in Vanguard Growth ETF in the 4th quarter worth approximately $35,000. Garner Asset Management Corp bought a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $41,000. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $41,000. Finally, Lifetime Wealth Management P.C. acquired a new position in Vanguard Growth ETF during the fourth quarter valued at approximately $44,000.

Vanguard Growth ETF Stock Up 0.5%

NYSEARCA:VUG opened at $87.40 on Wednesday. The company’s 50 day moving average is $86.36 and its 200-day moving average is $82.60. Vanguard Growth ETF has a 12 month low of $69.63 and a 12 month high of $90.60. The firm has a market cap of $226.09 billion, a price-to-earnings ratio of 36.22 and a beta of 1.22.

About Vanguard Growth ETF

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.