First National Bank Sioux Falls Cuts Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First National Bank Sioux Falls lessened its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 7,928 shares of the exchange traded fund’s stock after selling 1,401 shares during the quarter. First National Bank Sioux Falls’ holdings in Vanguard Real Estate ETF were worth $772,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. International Assets Investment Management LLC increased its holdings in Vanguard Real Estate ETF by 17,050.2% in the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock worth $348,272,000 after acquiring an additional 3,554,112 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Real Estate ETF by 376.1% during the 1st quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock worth $118,275,000 after purchasing an additional 1,080,371 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $669,716,000 after purchasing an additional 523,467 shares during the last quarter. 1832 Asset Management L.P. boosted its stake in Vanguard Real Estate ETF by 150.0% during the 1st quarter. 1832 Asset Management L.P. now owns 823,435 shares of the exchange traded fund’s stock worth $71,211,000 after purchasing an additional 494,049 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in Vanguard Real Estate ETF by 9,744.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 461,007 shares of the exchange traded fund’s stock worth $38,614,000 after purchasing an additional 456,324 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 1.1 %

VNQ traded down $1.04 on Friday, hitting $93.11. 4,835,327 shares of the company’s stock were exchanged, compared to its average volume of 4,140,445. Vanguard Real Estate ETF has a fifty-two week low of $74.43 and a fifty-two week high of $99.58. The firm has a 50-day moving average price of $96.17 and a 200-day moving average price of $89.06. The stock has a market cap of $36.65 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.