First Bancorp Inc ME Trims Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

First Bancorp Inc ME trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,787 shares of the company’s stock after selling 106 shares during the quarter. First Bancorp Inc ME’s holdings in Vanguard Growth ETF were worth $686,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Global Assets Advisory LLC acquired a new position in Vanguard Growth ETF during the first quarter worth $38,393,000. NBC Securities Inc. boosted its position in Vanguard Growth ETF by 22.3% in the 1st quarter. NBC Securities Inc. now owns 603 shares of the company’s stock valued at $217,000 after buying an additional 110 shares during the period. Goelzer Investment Management Inc. purchased a new stake in shares of Vanguard Growth ETF during the first quarter worth $206,000. Perennial Investment Advisors LLC raised its stake in shares of Vanguard Growth ETF by 5.4% in the second quarter. Perennial Investment Advisors LLC now owns 18,644 shares of the company’s stock valued at $6,973,000 after acquiring an additional 962 shares in the last quarter. Finally, Tempus Wealth Planning LLC purchased a new stake in Vanguard Growth ETF during the 1st quarter worth about $200,000.

Vanguard Growth ETF Price Performance

Shares of Vanguard Growth ETF stock traded up $2.48 on Friday, reaching $392.18. 652,825 shares of the company were exchanged, compared to its average volume of 995,413. The stock’s 50 day moving average price is $376.80 and its 200-day moving average price is $363.80. The company has a market cap of $135.10 billion, a P/E ratio of 39.58 and a beta of 1.26. Vanguard Growth ETF has a 1-year low of $260.65 and a 1-year high of $393.71.

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.