Vanguard Real Estate ETF $VNQ Shares Sold by SouthState Bank Corp

SouthState Bank Corp decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 83.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,079 shares of the exchange traded fund’s stock after selling 10,591 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard Real Estate ETF were worth $184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VNQ. IMG Wealth Management Inc. purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Evelyn Partners Investment Management LLP purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $27,000. Evermay Wealth Management LLC increased its holdings in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 113 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 2.3%

Shares of Vanguard Real Estate ETF stock opened at $100.07 on Friday. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $100.13. The stock has a market capitalization of $39.65 billion, a P/E ratio of 35.58 and a beta of 0.98. The business’s fifty day moving average price is $96.78 and its 200 day moving average price is $93.84.

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.