First Bancorp Inc ME Invests $1.75 Million in Vanguard Short-Term Treasury ETF $VGSH

First Bancorp Inc ME acquired a new position in Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 30,020 shares of the company’s stock, valued at approximately $1,747,000.

Several other large investors have also recently added to or reduced their stakes in the business. Compass Financial Management LLC bought a new stake in Vanguard Short-Term Treasury ETF during the 2nd quarter valued at $192,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Short-Term Treasury ETF during the second quarter valued at $10,813,000. USA Financial Formulas acquired a new position in shares of Vanguard Short-Term Treasury ETF during the first quarter valued at $70,000. Beacon Bank & Trust raised its stake in shares of Vanguard Short-Term Treasury ETF by 2.1% during the second quarter. Beacon Bank & Trust now owns 633,681 shares of the company’s stock valued at $36,880,000 after purchasing an additional 13,037 shares in the last quarter. Finally, Stonekeep Investments LLC raised its stake in shares of Vanguard Short-Term Treasury ETF by 5.6% during the second quarter. Stonekeep Investments LLC now owns 10,709 shares of the company’s stock valued at $623,000 after purchasing an additional 569 shares in the last quarter.

Vanguard Short-Term Treasury ETF Stock Up 0.1%

VGSH stock opened at $58.20 on Wednesday. The company has a 50-day simple moving average of $58.09 and a 200 day simple moving average of $58.34. Vanguard Short-Term Treasury ETF has a fifty-two week low of $57.95 and a fifty-two week high of $59.01.

Vanguard Short-Term Treasury ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.1823 per share. This is a positive change from Vanguard Short-Term Treasury ETF’s previous dividend of $0.18. The ex-dividend date was Monday, August 3rd.

About Vanguard Short-Term Treasury ETF

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 1-3 Year Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected securities) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, all with maturities between 1 and 3 years.