Kennebec Savings Bank Buys Shares of 7,464 Vanguard Real Estate ETF (NYSEARCA:VNQ)

Kennebec Savings Bank purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 7,464 shares of the exchange traded fund’s stock, valued at approximately $727,000.

A number of other hedge funds have also made changes to their positions in the stock. ORG Partners LLC bought a new stake in shares of Vanguard Real Estate ETF during the second quarter valued at approximately $26,000. Eastern Bank acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $26,000. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth about $28,000. Finally, Addison Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 6,350.0% during 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 Price Performance

Vanguard Real Estate ETF stock opened at $95.88 on Monday. Vanguard Real Estate ETF has a 52-week low of $74.51 and a 52-week high of $99.58. The firm has a market capitalization of $37.74 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock has a fifty day moving average price of $96.16 and a two-hundred day moving average price of $89.60.

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.