First Bancorp Inc ME Sells 623 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

First Bancorp Inc ME trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,313 shares of the exchange traded fund’s stock after selling 623 shares during the quarter. First Bancorp Inc ME’s holdings in Vanguard Real Estate ETF were worth $741,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Eastern Bank bought a new position in Vanguard Real Estate ETF during the third quarter worth about $26,000. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Howard Capital Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Finally, Laurel Wealth Advisors LLC increased its stake in Vanguard Real Estate ETF by 73.1% during the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $90.71 on Friday. The firm has a market cap of $35.70 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The firm’s 50 day moving average price is $91.86 and its two-hundred day moving average price is $93.07.

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.