First Bancorp Inc ME Makes New $948,000 Investment in Vanguard Russell 2000 ETF $VTWO

First Bancorp Inc ME bought a new stake in Vanguard Russell 2000 ETF (NASDAQ:VTWO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,807 shares of the company’s stock, valued at approximately $948,000.

A number of other institutional investors have also added to or reduced their stakes in VTWO. Winnow Wealth LLC acquired a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC bought a new position in Vanguard Russell 2000 ETF during the 2nd quarter worth $27,000. Advisory Services Network LLC acquired a new stake in shares of Vanguard Russell 2000 ETF during the third quarter worth $29,000. Qube Research & Technologies Ltd lifted its holdings in shares of Vanguard Russell 2000 ETF by 209.7% during the second quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock worth $33,000 after buying an additional 260 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Russell 2000 ETF in the fourth quarter valued at about $34,000.

Vanguard Russell 2000 ETF Stock Performance

NASDAQ:VTWO opened at $120.94 on Wednesday. Vanguard Russell 2000 ETF has a 52 week low of $92.54 and a 52 week high of $123.37. The firm has a market cap of $17.81 billion, a price-to-earnings ratio of 16.60 and a beta of 1.11. The firm’s 50-day simple moving average is $120.06 and its 200 day simple moving average is $112.60.

Vanguard Russell 2000 ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a $0.3014 dividend. The ex-dividend date was Thursday, June 18th. This is a positive change from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. This represents a $1.21 dividend on an annualized basis and a dividend yield of 1.0%.

About Vanguard Russell 2000 ETF

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that is based on the Russell 2000 index, a market-cap-weighted index of US small-cap stocks VTWO was launched on Sep 20, 2010 and is managed by Vanguard.