City State Bank Reduces Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

City State Bank lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 20.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 985 shares of the exchange traded fund’s stock after selling 246 shares during the quarter. City State Bank’s holdings in Vanguard Real Estate ETF were worth $88,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Empower Advisory Group LLC boosted its stake in Vanguard Real Estate ETF by 1.1% during the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock worth $1,112,857,000 after buying an additional 125,586 shares during the period. JPMorgan Chase & Co. boosted its stake in Vanguard Real Estate ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Real Estate ETF by 7.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after buying an additional 523,467 shares during the period. US Bancorp DE boosted its stake in Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock worth $494,836,000 after buying an additional 123,161 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its stake in Vanguard Real Estate ETF by 465.1% during the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock worth $446,718,000 after buying an additional 3,774,000 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $86.60 on Tuesday. The firm has a market cap of $34.08 billion, a PE ratio of 22.09 and a beta of 1.03. The company has a 50-day moving average of $92.74 and a two-hundred day moving average of $92.82. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

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.