First Bancorp Inc ME Makes New Investment in Vanguard S&P 500 Value ETF $VOOV

First Bancorp Inc ME bought a new stake in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 18,086 shares of the company’s stock, valued at approximately $3,965,000. Vanguard S&P 500 Value ETF makes up approximately 1.6% of First Bancorp Inc ME’s portfolio, making the stock its 11th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tull Financial Group Inc. raised its position in Vanguard S&P 500 Value ETF by 4.1% during the fourth quarter. Tull Financial Group Inc. now owns 1,257 shares of the company’s stock valued at $257,000 after purchasing an additional 49 shares during the period. Huntington National Bank boosted its holdings in shares of Vanguard S&P 500 Value ETF by 4.7% in the 4th quarter. Huntington National Bank now owns 1,117 shares of the company’s stock worth $229,000 after purchasing an additional 50 shares during the period. Lido Advisors LLC increased its position in shares of Vanguard S&P 500 Value ETF by 2.7% during the 3rd quarter. Lido Advisors LLC now owns 1,917 shares of the company’s stock valued at $383,000 after purchasing an additional 50 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Vanguard S&P 500 Value ETF by 4.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,251 shares of the company’s stock valued at $274,000 after purchasing an additional 53 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Vanguard S&P 500 Value ETF by 16.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 395 shares of the company’s stock valued at $73,000 after buying an additional 57 shares during the period.

Vanguard S&P 500 Value ETF Stock Down 0.1%

Shares of VOOV opened at $229.32 on Wednesday. The company has a market cap of $6.76 billion, a PE ratio of 20.05 and a beta of 0.82. The business has a fifty day moving average of $223.93 and a 200 day moving average of $216.62. Vanguard S&P 500 Value ETF has a 52-week low of $194.47 and a 52-week high of $231.65.

Vanguard S&P 500 Value ETF Company Profile

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.