Vanguard Real Estate ETF $VNQ Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,859 shares of the exchange traded fund’s stock after selling 11,053 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Vanguard Real Estate ETF were worth $2,570,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Cohalo Advisory LLC acquired a new position in shares of Vanguard Real Estate ETF in the 2nd quarter worth approximately $29,000. Reyes Financial Architecture Inc. grew its position in shares of Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter worth approximately $40,000. Anderson Financial Strategies LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter worth approximately $41,000. Finally, Olistico Wealth LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter worth approximately $44,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.1%

Shares of VNQ opened at $92.16 on Friday. The firm has a market cap of $34.77 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. The stock has a 50 day moving average of $91.20 and a 200-day moving average of $89.58. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.20.

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.