Pinnacle Financial Partners Inc Buys 7,435 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Financial Partners Inc grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 11.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,912 shares of the exchange traded fund’s stock after purchasing an additional 7,435 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Real Estate ETF were worth $6,682,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in VNQ. Caisse DE Depot ET Placement DU Quebec acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $299,211,000. Raymond James Financial Inc. bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $124,165,000. Brooklyn FI LLC raised its stake in shares of Vanguard Real Estate ETF by 6,345.2% in the fourth quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock valued at $123,579,000 after acquiring an additional 1,288,137 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 235.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 409,447 shares of the exchange traded fund’s stock worth $37,071,000 after acquiring an additional 287,218 shares in the last quarter. Finally, Cohen & Steers Inc. grew its position in Vanguard Real Estate ETF by 1,630.3% during the 4th quarter. Cohen & Steers Inc. now owns 298,535 shares of the exchange traded fund’s stock worth $26,566,000 after acquiring an additional 281,282 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $89.92 on Thursday. The business has a fifty day moving average price of $89.12 and a 200 day moving average price of $89.35. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.58. The stock has a market capitalization of $34.09 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91.

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.