Pinnacle Bancorp Inc. Trims Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Bancorp Inc. cut its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 16.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,018 shares of the exchange traded fund’s stock after selling 1,954 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Real Estate ETF were worth $907,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of VNQ. Private Portfolio Partners LLC grew its holdings in shares of Vanguard Real Estate ETF by 0.9% during the fourth quarter. Private Portfolio Partners LLC now owns 13,191 shares of the exchange traded fund’s stock worth $1,175,000 after purchasing an additional 115 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Vanguard Real Estate ETF by 27.8% in the 1st quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 119 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in Vanguard Real Estate ETF by 3.6% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,499 shares of the exchange traded fund’s stock worth $312,000 after buying an additional 122 shares during the last quarter. Halbert Hargrove Global Advisors LLC increased its position in Vanguard Real Estate ETF by 9.3% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 1,462 shares of the exchange traded fund’s stock worth $132,000 after buying an additional 124 shares during the period. Finally, Cozad Asset Management Inc. increased its position in Vanguard Real Estate ETF by 2.2% during the fourth quarter. Cozad Asset Management Inc. now owns 5,833 shares of the exchange traded fund’s stock worth $520,000 after buying an additional 125 shares during the period.

Vanguard Real Estate ETF Trading Up 0.3%

Shares of VNQ opened at $91.42 on Wednesday. The company’s 50 day simple moving average is $88.79 and its 200-day simple moving average is $89.54. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58. The firm has a market cap of $96.91 billion, a PE ratio of 35.58 and a beta of 1.02.

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.