Fifth Third Bancorp Sells 56,028 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Fifth Third Bancorp lessened its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,739,438 shares of the exchange traded fund’s stock after selling 56,028 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Real Estate ETF were worth $154,949,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VNQ. Fund Evaluation Group LLC lifted its stake in Vanguard Real Estate ETF by 3.4% during the 2nd quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock valued at $1,356,000 after acquiring an additional 526 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Vanguard Real Estate ETF by 1.3% in the second quarter. Bank of Montreal Can now owns 173,643 shares of the exchange traded fund’s stock valued at $14,581,000 after purchasing an additional 2,181 shares during the last quarter. Daymark Wealth Partners LLC lifted its position in shares of Vanguard Real Estate ETF by 24.8% during the second quarter. Daymark Wealth Partners LLC now owns 8,183 shares of the exchange traded fund’s stock valued at $685,000 after purchasing an additional 1,626 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in Vanguard Real Estate ETF by 47.2% during the second quarter. D. E. Shaw & Co. Inc. now owns 517,878 shares of the exchange traded fund’s stock worth $43,377,000 after purchasing an additional 166,021 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Vanguard Real Estate ETF by 2.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,703,245 shares of the exchange traded fund’s stock worth $142,874,000 after purchasing an additional 44,660 shares in the last quarter.

Vanguard Real Estate ETF Stock Up 0.3 %

Vanguard Real Estate ETF stock opened at $90.71 on Friday. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The company’s 50 day moving average price is $91.92 and its two-hundred day moving average price is $93.03. The stock has a market cap of $35.70 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.