Independence Bank of Kentucky Sells 626 Shares of Vanguard Real Estate ETF $VNQ

Independence Bank of Kentucky reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,831 shares of the exchange traded fund’s stock after selling 626 shares during the period. Independence Bank of Kentucky’s holdings in Vanguard Real Estate ETF were worth $1,143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VNQ. Reyes Financial Architecture Inc. increased its position in shares of Vanguard Real Estate ETF by 405.5% during the second 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 in the last quarter. Aberdeen Wealth Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter worth about $40,000. Anderson Financial Strategies LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter worth about $41,000. Olistico Wealth LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter worth about $44,000. Finally, CX Institutional increased its position in shares of Vanguard Real Estate ETF by 133.6% during the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 282 shares in the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $91.02 on Monday. The firm has a 50-day moving average of $90.99 and a 200-day moving average of $89.43. The company has a market cap of $34.12 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.20.

Vanguard Real Estate ETF Company 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.