Royal Bank of Canada Has $120.75 Million Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Royal Bank of Canada trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 47.5% during the 4th quarter, HoldingsChannel reports. The fund owned 1,355,498 shares of the exchange traded fund’s stock after selling 1,228,414 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Real Estate ETF were worth $120,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VNQ. JPMorgan Chase & Co. boosted its stake in Vanguard Real Estate ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Vanguard Real Estate ETF by 12.5% during the 4th quarter. Merit Financial Group LLC now owns 33,078 shares of the exchange traded fund’s stock worth $2,947,000 after acquiring an additional 3,671 shares during the period. Arkadios Wealth Advisors boosted its position in shares of Vanguard Real Estate ETF by 6.6% during the 4th quarter. Arkadios Wealth Advisors now owns 17,286 shares of the exchange traded fund’s stock valued at $1,540,000 after acquiring an additional 1,077 shares in the last quarter. Trust Co. of Vermont increased its stake in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Trust Co. of Vermont now owns 7,355 shares of the exchange traded fund’s stock valued at $655,000 after acquiring an additional 2,336 shares during the period. Finally, Ameritas Advisory Services LLC increased its stake in Vanguard Real Estate ETF by 26.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 40,993 shares of the exchange traded fund’s stock valued at $3,652,000 after acquiring an additional 8,534 shares during the period.

Vanguard Real Estate ETF Stock Up 1.2%

NYSEARCA:VNQ opened at $90.30 on Monday. The firm has a market capitalization of $95.72 billion, a PE ratio of 32.32 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58. The firm has a 50-day moving average price of $87.84 and a 200 day moving average price of $90.66.

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.