First Interstate Bank lessened its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) by 12.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,893 shares of the exchange traded fund’s stock after selling 719 shares during the quarter. First Interstate Bank’s holdings in Vanguard Real Estate ETF were worth $436,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Reyes Financial Architecture Inc. lifted its position in Vanguard Real Estate ETF by 405.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 296 shares during the period. Aberdeen Wealth Management LLC acquired a new position in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $40,000. Anderson Financial Strategies LLC acquired a new position in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $41,000. Olistico Wealth LLC acquired a new position in Vanguard Real Estate ETF in the first quarter valued at approximately $44,000. Finally, CX Institutional lifted its holdings in Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 282 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.
Vanguard Real Estate ETF Stock Up 0.7%
Shares of NYSEARCA VNQ opened at $91.17 on Monday. The firm has a market cap of $34.39 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The business’s 50 day moving average is $90.96 and its two-hundred day moving average is $89.42.
Vanguard Real Estate ETF Profile
Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.
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