WASHINGTON TRUST Co Reduces Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

WASHINGTON TRUST Co trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,736 shares of the exchange traded fund’s stock after selling 732 shares during the period. WASHINGTON TRUST Co’s holdings in Vanguard Real Estate ETF were worth $1,241,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VNQ. Diversified Trust Co boosted its stake in shares of Vanguard Real Estate ETF by 32.0% during the first quarter. Diversified Trust Co now owns 4,286 shares of the exchange traded fund’s stock valued at $371,000 after purchasing an additional 1,038 shares during the period. Woodmont Investment Counsel LLC bought a new position in Vanguard Real Estate ETF in the 1st quarter worth about $52,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Vanguard Real Estate ETF by 2.9% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 203,299 shares of the exchange traded fund’s stock worth $17,581,000 after acquiring an additional 5,808 shares during the period. Westside Investment Management Inc. increased its position in shares of Vanguard Real Estate ETF by 5.0% during the first quarter. Westside Investment Management Inc. now owns 5,871 shares of the exchange traded fund’s stock worth $508,000 after acquiring an additional 282 shares during the period. Finally, Mainsail Financial Group LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter valued at approximately $3,110,000.

Vanguard Real Estate ETF Stock Up 0.4 %

NYSEARCA:VNQ traded up $0.41 during midday trading on Wednesday, hitting $95.76. The stock had a trading volume of 927,934 shares, compared to its average volume of 4,123,763. The stock has a 50-day moving average of $96.11 and a 200 day moving average of $88.82. The company has a market capitalization of $37.69 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a one year low of $71.58 and a one 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.