Farmers & Merchants Trust Co of Chambersburg PA Has $50,000 Position in Vanguard Real Estate ETF $VNQ

Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 223.4% in the second quarter, HoldingsChannel.com reports. The firm owned 566 shares of the exchange traded fund’s stock after purchasing an additional 391 shares during the quarter. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in Vanguard Real Estate ETF were worth $50,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VNQ. Copia Wealth Management acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth $27,000. Reyes Financial Architecture Inc. grew its holdings in Vanguard Real Estate ETF by 405.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 296 shares during the period. Aberdeen Wealth Management LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter worth $40,000. Anderson Financial Strategies LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter worth $41,000. Finally, Olistico Wealth LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter worth $44,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $92.05 on Thursday. The company has a fifty day moving average price of $90.77 and a two-hundred day moving average price of $89.49. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.58. The firm has a market capitalization of $34.51 billion, a PE ratio of 35.58 and a beta of 0.91.

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.