Horizon Bancorp Inc. IN Reduces Stake in Vanguard Real Estate ETF $VNQ

Horizon Bancorp Inc. IN reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 90.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,519 shares of the exchange traded fund’s stock after selling 24,320 shares during the period. Horizon Bancorp Inc. IN’s holdings in Vanguard Real Estate ETF were worth $223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sylvest Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at approximately $1,516,000. BKM Wealth Management LLC raised its position in Vanguard Real Estate ETF by 9.5% in the 1st quarter. BKM Wealth Management LLC now owns 23,613 shares of the exchange traded fund’s stock valued at $2,095,000 after purchasing an additional 2,043 shares during the last quarter. MFA Wealth Services raised its position in Vanguard Real Estate ETF by 3.0% in the 1st quarter. MFA Wealth Services now owns 43,494 shares of the exchange traded fund’s stock valued at $3,858,000 after purchasing an additional 1,265 shares during the last quarter. My Personal CFO LLC boosted its stake in Vanguard Real Estate ETF by 1.8% during the 1st quarter. My Personal CFO LLC now owns 34,199 shares of the exchange traded fund’s stock worth $3,033,000 after purchasing an additional 620 shares during the period. Finally, Jim Saulnier & Associates LLC grew its position in Vanguard Real Estate ETF by 9.3% during the 1st quarter. Jim Saulnier & Associates LLC now owns 8,845 shares of the exchange traded fund’s stock worth $785,000 after purchasing an additional 751 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $98.67 on Friday. The firm has a market cap of $38.04 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a one year low of $86.84 and a one year high of $99.15. The firm’s fifty day moving average is $96.23 and its two-hundred day moving average is $92.95.

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.