Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,718,024 shares of the exchange traded fund’s stock after selling 21,414 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Real Estate ETF were worth $155,550,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Vanguard Real Estate ETF by 59.4% in the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after purchasing an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth $362,000. Golden State Wealth Management LLC purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth $41,000. Finally, Kestra Private Wealth Services LLC boosted its position in Vanguard Real Estate ETF by 11.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 19,913 shares of the exchange traded fund’s stock worth $1,774,000 after purchasing an additional 1,976 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $90.27 on Thursday. The business’s fifty day moving average is $87.50 and its two-hundred day moving average is $90.02. The company has a market cap of $95.69 billion, a price-to-earnings ratio of 32.63 and a beta of 1.02. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.58.

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.