Pinnacle Bancorp Inc. Sells 952 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Bancorp Inc. lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,751 shares of the exchange traded fund’s stock after selling 952 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Real Estate ETF were worth $1,016,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lebenthal Global Advisors LLC lifted its holdings in shares of Vanguard Real Estate ETF by 1.1% in the fourth quarter. Lebenthal Global Advisors LLC now owns 25,692 shares of the exchange traded fund’s stock valued at $2,270,000 after purchasing an additional 277 shares in the last quarter. JMG Financial Group Ltd. lifted its holdings in shares of Vanguard Real Estate ETF by 13.3% in the fourth quarter. JMG Financial Group Ltd. now owns 242,704 shares of the exchange traded fund’s stock valued at $21,445,000 after purchasing an additional 28,515 shares in the last quarter. Brookmont Capital Management increased its position in shares of Vanguard Real Estate ETF by 3.5% during the fourth quarter. Brookmont Capital Management now owns 3,666 shares of the exchange traded fund’s stock valued at $324,000 after acquiring an additional 123 shares during the last quarter. Willis Johnson & Associates Inc. increased its position in shares of Vanguard Real Estate ETF by 1.1% during the fourth quarter. Willis Johnson & Associates Inc. now owns 14,904 shares of the exchange traded fund’s stock valued at $1,317,000 after acquiring an additional 156 shares during the last quarter. Finally, Adaptive Financial Consulting LLC increased its position in shares of Vanguard Real Estate ETF by 5.9% during the third quarter. Adaptive Financial Consulting LLC now owns 118,238 shares of the exchange traded fund’s stock valued at $8,946,000 after acquiring an additional 6,639 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.4 %

Shares of VNQ traded down $0.32 on Friday, reaching $83.81. 4,090,484 shares of the company’s stock traded hands, compared to its average volume of 4,405,303. The stock has a market cap of $32.99 billion, a PE ratio of 22.09 and a beta of 1.03. The stock’s 50 day simple moving average is $82.69 and its two-hundred day simple moving average is $84.42. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09.

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.