Independence Bank of Kentucky Sells 626 Shares of Vanguard Real Estate ETF $VNQ

Independence Bank of Kentucky trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.7% in the second quarter, HoldingsChannel reports. The firm owned 12,831 shares of the exchange traded fund’s stock after selling 626 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Real Estate ETF were worth $1,143,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC grew its position in Vanguard Real Estate ETF by 17.5% in the 1st quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after purchasing an additional 2,064,842 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Real Estate ETF by 5.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,543,037 shares of the exchange traded fund’s stock valued at $864,026,000 after acquiring an additional 492,425 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Vanguard Real Estate ETF by 87.5% in the first quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock valued at $778,542,000 after acquiring an additional 4,013,382 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Real Estate ETF by 0.3% in the first quarter. Wealthfront Advisers LLC now owns 8,561,435 shares of the exchange traded fund’s stock valued at $775,152,000 after acquiring an additional 26,397 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Vanguard Real Estate ETF by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after acquiring an additional 1,178,304 shares during the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Up 1.0%

VNQ opened at $91.02 on Monday. The stock has a market cap of $34.12 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20. The company’s 50-day moving average price is $90.99 and its two-hundred day moving average price is $89.43.

Vanguard Real Estate ETF 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.