Pinnacle Bancorp Inc. Raises Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Bancorp Inc. raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,972 shares of the exchange traded fund’s stock after purchasing an additional 1,393 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Real Estate ETF were worth $1,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Eastern Bank purchased a new position in shares of Vanguard Real Estate ETF in the 3rd quarter worth approximately $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC grew its holdings in Vanguard Real Estate ETF by 73.1% in the fourth 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 during the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $49,000. Finally, Teachers Insurance & Annuity Association of America purchased a new position in Vanguard Real Estate ETF during the 3rd quarter worth $49,000.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $87.89 on Thursday. The business’s 50-day moving average is $92.58 and its 200 day moving average is $92.84. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The firm has a market capitalization of $34.59 billion, a P/E 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.