First American Trust FSB Lowers Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First American Trust FSB cut its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 20.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,138 shares of the exchange traded fund’s stock after selling 4,803 shares during the quarter. First American Trust FSB’s holdings in Vanguard Real Estate ETF were worth $1,603,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VNQ. Buck Wealth Strategies LLC purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter worth about $27,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Providence Capital Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 8,203.6% during the first quarter. Providence Capital Advisors LLC now owns 2,325 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 2,297 shares in the last quarter. Capital Investment Counsel Inc purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter worth about $30,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter worth about $30,000.

Vanguard Real Estate ETF Trading Down 1.7 %

Shares of NYSEARCA VNQ traded down $1.39 during midday trading on Monday, reaching $80.32. 5,462,340 shares of the stock were exchanged, compared to its average volume of 4,891,411. The company has a market capitalization of $30.96 billion, a P/E ratio of 28.40 and a beta of 0.91. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09. The stock has a 50 day moving average price of $84.89 and a 200-day moving average price of $82.44.

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.