7,643 Shares in Vanguard Real Estate ETF $VNQ Acquired by First Bancorp Inc ME

First Bancorp Inc ME purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,643 shares of the exchange traded fund’s stock, valued at approximately $737,000.

Other hedge funds also recently made changes to their positions in the company. IMG Wealth Management Inc. purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Evelyn Partners Investment Management LLP purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Resources Management Corp CT ADV purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $27,000. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $34,000. Finally, Palisade Asset Management LLC purchased a new position in shares of Vanguard Real Estate ETF in the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $99.25 on Wednesday. The firm has a market capitalization of $39.33 billion, a P/E ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $101.80. The business’s 50-day simple moving average is $98.22 and its 200-day simple moving average is $95.58.

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.