Graney & King LLC Purchases New Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Graney & King LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,206 shares of the exchange traded fund’s stock, valued at approximately $107,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. United Bank raised its holdings in shares of Vanguard Real Estate ETF by 22.4% in the third quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock valued at $4,608,000 after purchasing an additional 8,665 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in Vanguard Real Estate ETF by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after buying an additional 1,670 shares during the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of Vanguard Real Estate ETF by 19.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 4,447 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 739 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Vanguard Real Estate ETF by 10.6% in the 3rd quarter. Private Trust Co. NA now owns 7,159 shares of the exchange traded fund’s stock worth $697,000 after buying an additional 689 shares during the last quarter. Finally, Capital Square LLC bought a new position in shares of Vanguard Real Estate ETF in the third quarter valued at approximately $204,000.

Vanguard Real Estate ETF Trading Down 2.1 %

Shares of VNQ opened at $89.71 on Wednesday. The stock has a 50 day moving average of $91.32 and a 200 day moving average of $93.27. The company has a market capitalization of $97.78 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.9319 per share. The ex-dividend date is Tuesday, March 25th.

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.