Farmers & Merchants Investments Inc. Sells 769 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Farmers & Merchants Investments Inc. lessened its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,853 shares of the exchange traded fund’s stock after selling 769 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Vanguard Real Estate ETF were worth $3,518,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC increased its stake in Vanguard Real Estate ETF by 3.2% in the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after acquiring an additional 370,503 shares during the last quarter. US Bancorp DE increased its stake in Vanguard Real Estate ETF by 11.5% in the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Real Estate ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock valued at $414,622,000 after buying an additional 227,202 shares during the period. Caisse DE Depot ET Placement DU Quebec purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $299,211,000. Finally, Bank of New York Mellon Corp boosted its position in Vanguard Real Estate ETF by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after buying an additional 79,954 shares during the period.

Vanguard Real Estate ETF Stock Down 1.0%

NYSEARCA VNQ opened at $89.83 on Friday. The company has a 50-day simple moving average of $87.87 and a two-hundred day simple moving average of $89.86. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58. The firm has a market cap of $95.22 billion, a price-to-earnings ratio of 32.63 and a beta of 1.02.

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.