Grove Bank & Trust Increases Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Grove Bank & Trust boosted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 48,727 shares of the exchange traded fund’s stock after acquiring an additional 3,221 shares during the quarter. Grove Bank & Trust’s holdings in Vanguard Real Estate ETF were worth $4,341,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new position in Vanguard Real Estate ETF in the 3rd quarter worth approximately $26,000. Godsey & Gibb Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 73.1% in the 4th 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 in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at about $49,000.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $89.65 on Friday. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The stock has a 50 day simple moving average of $92.25 and a two-hundred day simple moving average of $92.83. 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.