Rockland Trust Co. Has $2.78 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Rockland Trust Co. lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,177 shares of the exchange traded fund’s stock after selling 4,794 shares during the period. Rockland Trust Co.’s holdings in Vanguard Real Estate ETF were worth $2,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Stifel Financial Corp boosted its position in Vanguard Real Estate ETF by 5.7% during the third quarter. Stifel Financial Corp now owns 733,153 shares of the exchange traded fund’s stock valued at $55,472,000 after purchasing an additional 39,563 shares during the last quarter. Security National Bank of SO Dak acquired a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at approximately $327,000. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Vanguard Real Estate ETF by 22.4% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 39,704 shares of the exchange traded fund’s stock valued at $3,004,000 after buying an additional 7,257 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in Vanguard Real Estate ETF by 18.1% during the third quarter. Jaffetilchin Investment Partners LLC now owns 15,129 shares of the exchange traded fund’s stock worth $1,145,000 after buying an additional 2,323 shares during the last quarter. Finally, Asset Dedication LLC raised its position in Vanguard Real Estate ETF by 12.3% during the third quarter. Asset Dedication LLC now owns 4,943 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 541 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

VNQ stock traded up $0.21 during trading hours on Friday, reaching $83.97. The stock had a trading volume of 2,340,120 shares, compared to its average volume of 4,437,402. The stock has a market capitalization of $33.05 billion, a PE ratio of 22.09 and a beta of 1.03. The stock has a 50-day simple moving average of $82.22 and a 200 day simple moving average of $84.42. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $90.09.

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.