Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Enterprise Bank & Trust Co

Enterprise Bank & Trust Co decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 43.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 92,028 shares of the exchange traded fund’s stock after selling 69,688 shares during the quarter. Vanguard Real Estate ETF accounts for about 3.2% of Enterprise Bank & Trust Co’s investment portfolio, making the stock its 7th biggest holding. Enterprise Bank & Trust Co’s holdings in Vanguard Real Estate ETF were worth $8,332,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its stake in Vanguard Real Estate ETF by 3.2% in the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after acquiring an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after purchasing an additional 263,065 shares in the last quarter. US Bancorp DE lifted its stake in shares of Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after purchasing an additional 585,657 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Vanguard Real Estate ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after purchasing an additional 227,202 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $299,211,000.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $89.04 on Monday. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.58. The stock’s 50-day moving average is $87.41 and its two-hundred day moving average is $90.24. The firm has a market cap of $94.38 billion, a P/E ratio of 32.32 and a beta of 1.03.

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.