First Bancorp Inc ME Acquires New Stake in Vanguard Communication Services ETF $VOX

First Bancorp Inc ME bought a new position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,056 shares of the company’s stock, valued at approximately $2,218,000. Vanguard Communication Services ETF accounts for approximately 0.9% of First Bancorp Inc ME’s holdings, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Diversify Wealth Management LLC acquired a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at $535,000. Ameritas Advisory Services LLC lifted its holdings in shares of Vanguard Communication Services ETF by 5,825.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 128,828 shares of the company’s stock valued at $24,945,000 after buying an additional 126,654 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Communication Services ETF by 37.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 137,539 shares of the company’s stock valued at $26,632,000 after buying an additional 37,330 shares in the last quarter. Manning & Napier Advisors LLC grew its holdings in Vanguard Communication Services ETF by 152.1% during the first quarter. Manning & Napier Advisors LLC now owns 4,341 shares of the company’s stock worth $781,000 after acquiring an additional 2,619 shares during the period. Finally, Lighthouse Financial Services Inc. ADV acquired a new position in Vanguard Communication Services ETF during the fourth quarter worth about $21,883,000.

Vanguard Communication Services ETF Trading Up 0.9%

Shares of Vanguard Communication Services ETF stock opened at $189.03 on Wednesday. Vanguard Communication Services ETF has a 52 week low of $172.37 and a 52 week high of $200.77. The stock has a market cap of $5.81 billion, a PE ratio of 18.46 and a beta of 1.05. The company’s 50-day moving average price is $186.31 and its two-hundred day moving average price is $189.08.

About Vanguard Communication Services ETF

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.