Grove Bank & Trust Grows Stock Position in Vanguard Real Estate ETF $VNQ

Grove Bank & Trust grew its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 140,802 shares of the exchange traded fund’s stock after acquiring an additional 6,891 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 1.4% of Grove Bank & Trust’s holdings, making the stock its 16th largest holding. Grove Bank & Trust’s holdings in Vanguard Real Estate ETF were worth $12,460,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VNQ. Lansing Street Advisors raised its position in shares of Vanguard Real Estate ETF by 2.8% in the 3rd quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 110 shares during the last quarter. Kovack Advisors Inc. boosted its stake in Vanguard Real Estate ETF by 0.9% in the 3rd quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock worth $1,195,000 after purchasing an additional 112 shares in the last quarter. VERITY Wealth Advisors increased its stake in Vanguard Real Estate ETF by 0.5% during the 4th quarter. VERITY Wealth Advisors now owns 24,712 shares of the exchange traded fund’s stock valued at $2,187,000 after purchasing an additional 113 shares in the last quarter. Trust Co. of Vermont increased its stake in Vanguard Real Estate ETF by 1.4% during the 3rd quarter. Trust Co. of Vermont now owns 7,985 shares of the exchange traded fund’s stock valued at $730,000 after purchasing an additional 114 shares in the last quarter. Finally, Essex Financial Services Inc. raised its holdings in shares of Vanguard Real Estate ETF by 3.3% in the third quarter. Essex Financial Services Inc. now owns 3,554 shares of the exchange traded fund’s stock worth $325,000 after buying an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 3.1%

NYSEARCA:VNQ opened at $88.75 on Friday. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $96.23. The firm has a fifty day simple moving average of $92.62 and a 200-day simple moving average of $91.04. The company has a market capitalization of $33.99 billion, a P/E ratio of 35.58 and a beta of 1.03.

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.