Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Bought by Enterprise Bank & Trust Co

Enterprise Bank & Trust Co increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.2% during the fourth quarter, Holdings Channel reports. The firm owned 161,716 shares of the exchange traded fund’s stock after purchasing an additional 8,026 shares during the period. Vanguard Real Estate ETF makes up 4.7% of Enterprise Bank & Trust Co’s portfolio, making the stock its 5th largest holding. Enterprise Bank & Trust Co’s holdings in Vanguard Real Estate ETF were worth $14,406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Eastern Bank purchased a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $26,000. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth $49,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $49,000. Prospera Private Wealth LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $54,000. Finally, Legacy Investment Solutions LLC bought a new stake in Vanguard Real Estate ETF in the third quarter worth $56,000.

Vanguard Real Estate ETF Stock Up 1.0 %

Shares of NYSEARCA:VNQ traded up $0.87 during trading on Monday, reaching $86.42. The stock had a trading volume of 2,837,453 shares, compared to its average volume of 5,229,980. The stock has a fifty day simple moving average of $92.89 and a two-hundred day simple moving average of $92.80. The firm has a market capitalization of $34.01 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 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.