First Bancorp Inc ME Invests $604,000 in Vanguard S&P 500 ETF (NYSEARCA:VOO)

First Bancorp Inc ME purchased a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the first quarter, Holdings Channel.com reports. The fund purchased 1,176 shares of the company’s stock, valued at approximately $604,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VOO. Your Advocates Ltd. LLP acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth $29,000. Putney Financial Group LLC purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $42,000. Delos Wealth Advisors LLC increased its position in shares of Vanguard S&P 500 ETF by 166.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after buying an additional 50 shares in the last quarter. Measured Risk Portfolios Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth $48,000. Finally, Sherman Asset Management Inc. purchased a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth about $52,000.

Vanguard S&P 500 ETF Trading Down 0.3%

Shares of NYSEARCA VOO opened at $547.72 on Monday. The company’s 50-day moving average price is $527.80 and its 200 day moving average price is $533.33. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $563.92. The stock has a market cap of $1.54 trillion, a price-to-earnings ratio of 25.72 and a beta of 1.01.

Vanguard S&P 500 ETF Company Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.