Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Bangor Savings Bank

Bangor Savings Bank reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 50.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,974 shares of the exchange traded fund’s stock after selling 10,956 shares during the period. Bangor Savings Bank’s holdings in Vanguard Real Estate ETF were worth $994,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Vanguard Real Estate ETF by 2.7% in 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. Brighton Jones LLC grew its stake in shares of Vanguard Real Estate ETF by 59.4% during the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after purchasing an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 5,532 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in Vanguard Real Estate ETF by 19.9% in the fourth quarter. Bleakley Financial Group LLC now owns 23,634 shares of the exchange traded fund’s stock valued at $2,105,000 after buying an additional 3,930 shares during the last quarter. Finally, Financial Advocates Investment Management raised its stake in Vanguard Real Estate ETF by 26.4% in the fourth quarter. Financial Advocates Investment Management now owns 10,582 shares of the exchange traded fund’s stock valued at $943,000 after buying an additional 2,210 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $89.87 on Friday. The business has a 50-day moving average of $87.35 and a two-hundred day moving average of $90.10. The company has a market capitalization of $95.26 billion, a price-to-earnings ratio of 32.63 and a beta of 1.02. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year 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.