Rockland Trust Co. Purchases 25,210 Shares of Vanguard Real Estate ETF $VNQ

Rockland Trust Co. acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the third quarter, Holdings Channel reports. The fund acquired 25,210 shares of the exchange traded fund’s stock, valued at approximately $2,260,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Worth Asset Management LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 1st quarter worth about $751,000. The Manufacturers Life Insurance Company increased its position in Vanguard Real Estate ETF by 23.1% during the second quarter. The Manufacturers Life Insurance Company now owns 1,059,730 shares of the exchange traded fund’s stock worth $102,190,000 after acquiring an additional 198,524 shares during the period. Truepoint Inc. increased its holdings in shares of Vanguard Real Estate ETF by 43.3% during the 4th quarter. Truepoint Inc. now owns 35,990 shares of the exchange traded fund’s stock worth $3,185,000 after purchasing an additional 10,878 shares during the period. WESCAP Management Group Inc. raised its holdings in Vanguard Real Estate ETF by 10.8% in the 4th quarter. WESCAP Management Group Inc. now owns 73,986 shares of the exchange traded fund’s stock valued at $6,547,000 after acquiring an additional 7,223 shares in the last quarter. Finally, World Investment Advisors raised its stake in shares of Vanguard Real Estate ETF by 17.1% in the first quarter. World Investment Advisors now owns 59,678 shares of the exchange traded fund’s stock valued at $5,293,000 after purchasing an additional 8,698 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock traded down $0.13 during trading on Monday, hitting $89.37. 2,320,514 shares of the company’s stock traded hands, compared to its average volume of 3,639,169. The firm’s fifty day moving average price is $96.03 and its 200 day moving average price is $95.56. The company has a market cap of $35.30 billion, a PE ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.80.

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.