Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp boosted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 409,583 shares of the exchange traded fund’s stock after acquiring an additional 24,580 shares during the period. Peapack Gladstone Financial Corp owned 0.10% of Vanguard Real Estate ETF worth $39,902,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in Vanguard Real Estate ETF in the second quarter valued at $26,000. Eastern Bank acquired a new stake in Vanguard Real Estate ETF in the third quarter valued at $26,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Real Estate ETF in the second quarter valued at $28,000. Addison Advisors LLC raised its holdings in Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 381 shares in the last quarter. Finally, Innealta Capital LLC bought a new stake in Vanguard Real Estate ETF during the second quarter valued at $42,000.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $94.12 on Friday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The firm has a fifty day moving average price of $95.52 and a two-hundred day moving average price of $91.80. The firm has a market cap of $37.04 billion, a price-to-earnings ratio of 22.09 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.