First PREMIER Bank Has $2.32 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First PREMIER Bank cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,835 shares of the exchange traded fund’s stock after selling 118 shares during the period. First PREMIER Bank’s holdings in Vanguard Real Estate ETF were worth $2,322,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. ORG Partners LLC acquired a new position in Vanguard Real Estate ETF in the 2nd quarter valued at $26,000. Pathway Financial Advisers LLC acquired a new position in Vanguard Real Estate ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC acquired a new position in Vanguard Real Estate ETF in the 2nd quarter valued at $28,000. Fortis Group Advisors LLC raised its holdings in Vanguard Real Estate ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 167 shares in the last quarter. Finally, Addison Advisors LLC raised its holdings in Vanguard Real Estate ETF by 6,350.0% in the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $94.35 on Wednesday. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $99.58. The stock has a market capitalization of $37.14 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock has a fifty day moving average of $94.61 and a 200-day moving average of $87.60.

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.