Exchange Bank Sells 622 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Exchange Bank trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,204 shares of the exchange traded fund’s stock after selling 622 shares during the period. Exchange Bank’s holdings in Vanguard Real Estate ETF were worth $464,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eastern Bank acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Laurel Wealth Advisors LLC lifted its holdings in shares of Vanguard Real Estate ETF by 73.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the third quarter worth $49,000.

Vanguard Real Estate ETF Stock Down 0.1 %

Shares of NYSEARCA:VNQ opened at $89.65 on Tuesday. The business has a fifty day simple moving average of $92.14 and a 200 day simple moving average of $93.01. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The firm has a market cap of $35.29 billion, a P/E ratio of 22.09 and a beta of 1.03.

About Vanguard Real Estate ETF

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.