Vanguard Real Estate ETF $VNQ Shares Sold by Ledyard National Bank

Ledyard National Bank trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 97.8% in the third quarter, HoldingsChannel reports. The firm owned 2,369 shares of the exchange traded fund’s stock after selling 104,269 shares during the period. Ledyard National Bank’s holdings in Vanguard Real Estate ETF were worth $212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VNQ. The Manufacturers Life Insurance Company increased its position in Vanguard Real Estate ETF by 23.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,059,730 shares of the exchange traded fund’s stock valued at $102,190,000 after buying an additional 198,524 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after buying an additional 54,884 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Vanguard Real Estate ETF by 6.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 108,270 shares of the exchange traded fund’s stock worth $10,440,000 after buying an additional 6,454 shares during the period. QRG Capital Management Inc. boosted its holdings in Vanguard Real Estate ETF by 521.5% in the second quarter. QRG Capital Management Inc. now owns 17,403 shares of the exchange traded fund’s stock worth $1,678,000 after acquiring an additional 14,603 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in Vanguard Real Estate ETF by 13.0% in the second quarter. Integrated Wealth Concepts LLC now owns 74,680 shares of the exchange traded fund’s stock worth $7,201,000 after acquiring an additional 8,574 shares in the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $92.69 on Friday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The business’s 50 day simple moving average is $93.66 and its two-hundred day simple moving average is $95.68. The firm has a market cap of $37.18 billion, a P/E ratio of 35.58 and a beta of 0.97.

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.