Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by First Merchants Corp

First Merchants Corp decreased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 23.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,995 shares of the exchange traded fund’s stock after selling 7,437 shares during the period. First Merchants Corp’s holdings in Vanguard Real Estate ETF were worth $2,010,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of VNQ. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Real Estate ETF by 87.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after purchasing an additional 4,547,415 shares during the period. Board of Trustees of The Leland Stanford Junior University acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $150,204,000. Beacon Capital Management Inc. lifted its holdings in Vanguard Real Estate ETF by 223.8% in the first quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after acquiring an additional 1,283,964 shares during the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Real Estate ETF by 376.1% in the first quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after acquiring an additional 1,080,371 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in shares of Vanguard Real Estate ETF by 199.2% during the first quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock valued at $107,427,000 after purchasing an additional 826,971 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ traded up $2.04 during mid-day trading on Friday, hitting $94.78. The company had a trading volume of 8,040,171 shares, compared to its average volume of 4,291,066. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $94.90. The stock has a market cap of $37.30 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The firm’s 50 day simple moving average is $87.92 and its two-hundred day simple moving average is $85.07.

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.