Bangor Savings Bank Sells 392 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Bangor Savings Bank reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,171 shares of the exchange traded fund’s stock after selling 392 shares during the period. Bangor Savings Bank’s holdings in Vanguard Real Estate ETF were worth $2,355,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. grew its holdings in Vanguard Real Estate ETF by 87.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,685 shares of the exchange traded fund’s stock valued at $861,217,000 after purchasing an additional 4,547,414 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Real Estate ETF by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after buying an additional 523,467 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Real Estate ETF by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock worth $187,546,000 after purchasing an additional 10,732 shares in the last quarter. Beacon Capital Management Inc. grew its position in Vanguard Real Estate ETF by 223.8% during the first quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock valued at $157,952,000 after acquiring an additional 1,283,964 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Vanguard Real Estate ETF by 2.7% during the second quarter. The Manufacturers Life Insurance Company now owns 1,703,245 shares of the exchange traded fund’s stock valued at $142,874,000 after buying an additional 44,660 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $94.27 on Tuesday. The company has a market capitalization of $37.10 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock has a 50 day moving average price of $94.45 and a two-hundred day moving average price of $87.47. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58.

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.