First Bancorp Inc ME Takes $870,000 Position in Vanguard Energy ETF $VDE

First Bancorp Inc ME acquired a new position in shares of Vanguard Energy ETF (NYSEARCA:VDE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,796 shares of the company’s stock, valued at approximately $870,000.

Several other institutional investors have also added to or reduced their stakes in VDE. SouthState Bank Corp bought a new position in Vanguard Energy ETF during the 4th quarter worth approximately $27,000. Strive Financial Group LLC bought a new stake in shares of Vanguard Energy ETF in the 4th quarter valued at $31,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Vanguard Energy ETF during the fourth quarter worth $33,000. Matrix Private Capital Group LLC bought a new position in Vanguard Energy ETF during the first quarter worth $33,000. Finally, Franklin Resources Inc. raised its stake in Vanguard Energy ETF by 3,055.6% during the fourth quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock worth $36,000 after buying an additional 275 shares during the last quarter.

Vanguard Energy ETF Trading Down 1.5%

Shares of VDE opened at $175.13 on Wednesday. The stock has a market capitalization of $10.50 billion, a P/E ratio of 14.10 and a beta of 0.43. The firm’s fifty day simple moving average is $162.71 and its two-hundred day simple moving average is $162.34. Vanguard Energy ETF has a 12 month low of $119.84 and a 12 month high of $182.15.

Vanguard Energy ETF Company Profile

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.