Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.7% during the second quarter, HoldingsChannel reports. The firm owned 205,673 shares of the exchange traded fund’s stock after selling 14,710 shares during the period. Truist Financial Corp’s holdings in Vanguard Real Estate ETF were worth $17,227,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. CIBC Private Wealth Group LLC lifted its position in Vanguard Real Estate ETF by 14.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 50,528 shares of the exchange traded fund’s stock worth $4,465,000 after buying an additional 6,193 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Vanguard Real Estate ETF by 58.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 44,848 shares of the exchange traded fund’s stock worth $3,963,000 after acquiring an additional 16,513 shares during the period. Stephens Inc. AR boosted its position in shares of Vanguard Real Estate ETF by 7.4% during the 4th quarter. Stephens Inc. AR now owns 96,978 shares of the exchange traded fund’s stock valued at $8,569,000 after acquiring an additional 6,708 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth about $47,714,000. Finally, Waterloo Capital L.P. acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $630,000.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $95.09 on Friday. The firm has a 50-day simple moving average of $94.45 and a two-hundred day simple moving average of $87.45. The stock has a market cap of $37.43 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $70.61 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.