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

First Bancorp Inc ME bought a new position in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 7,807 shares of the company’s stock, valued at approximately $948,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Winnow Wealth LLC bought a new position in Vanguard Russell 2000 ETF during the 4th quarter worth approximately $25,000. Allied Private Wealth LLC acquired a new stake in Vanguard Russell 2000 ETF in the second quarter worth $27,000. Advisory Services Network LLC acquired a new position in shares of Vanguard Russell 2000 ETF in the 3rd quarter valued at $29,000. Qube Research & Technologies Ltd increased its position in shares of Vanguard Russell 2000 ETF by 209.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 384 shares of the company’s stock valued at $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 4th quarter valued at $34,000.

Vanguard Russell 2000 ETF Trading Up 0.4%

VTWO stock opened at $120.94 on Wednesday. The business’s 50-day moving average price is $120.06 and its two-hundred day moving average price is $112.60. The firm has a market cap of $17.81 billion, a PE ratio of 16.60 and a beta of 1.11. Vanguard Russell 2000 ETF has a 1-year low of $92.54 and a 1-year high of $123.37.

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 dividend of $0.3014 per share. This is an increase 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%. The ex-dividend date of this dividend was Thursday, June 18th.

Vanguard Russell 2000 ETF Company Profile

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.