First Citizens Bank & Trust Co. Trims Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First Citizens Bank & Trust Co. trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 92.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,765 shares of the exchange traded fund’s stock after selling 617,001 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Real Estate ETF were worth $4,522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of VNQ. Bar Harbor Wealth Management grew its holdings in shares of Vanguard Real Estate ETF by 3.7% in the 3rd quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock worth $296,000 after acquiring an additional 107 shares during the period. Barrett & Company Inc. grew its holdings in shares of Vanguard Real Estate ETF by 2.1% in the 3rd quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock worth $552,000 after acquiring an additional 116 shares during the period. Voya Financial Advisors Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% in the 3rd quarter. Voya Financial Advisors Inc. now owns 7,581 shares of the exchange traded fund’s stock worth $733,000 after acquiring an additional 117 shares during the period. Westside Investment Management Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% in the 4th quarter. Westside Investment Management Inc. now owns 7,408 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 120 shares during the period. Finally, JFS Wealth Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 1.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 10,616 shares of the exchange traded fund’s stock worth $1,034,000 after acquiring an additional 130 shares during the period.

Vanguard Real Estate ETF Price Performance

VNQ opened at $90.71 on Friday. The stock has a market cap of $35.70 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock’s 50 day simple moving average is $91.86 and its 200 day simple moving average is $93.07. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year 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.