Penobscot Wealth Management Boosts Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Penobscot Wealth Management increased its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,096 shares of the exchange traded fund’s stock after buying an additional 1,324 shares during the period. Vanguard Real Estate ETF accounts for about 0.7% of Penobscot Wealth Management’s holdings, making the stock its 27th largest holding. Penobscot Wealth Management’s holdings in Vanguard Real Estate ETF were worth $1,434,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empower Advisory Group LLC boosted its stake in Vanguard Real Estate ETF by 3.2% during the 4th 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 purchasing an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after purchasing an additional 263,065 shares during the last quarter. US Bancorp DE boosted its stake in Vanguard Real Estate ETF by 11.5% during the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after purchasing an additional 585,657 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Vanguard Real Estate ETF by 3.7% during the 4th 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 purchasing an additional 79,954 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $209,453,000.

Vanguard Real Estate ETF Trading Down 0.3 %

Shares of VNQ opened at $90.18 on Thursday. The business’s fifty day simple moving average is $90.78 and its two-hundred day simple moving average is $93.55. The company has a market cap of $98.30 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

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.