Eastern Bank Buys New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Eastern Bank bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, HoldingsChannel reports. The institutional investor bought 270 shares of the exchange traded fund’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC lifted its stake in Vanguard Real Estate ETF by 1.1% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 26,236 shares of the exchange traded fund’s stock valued at $2,198,000 after buying an additional 287 shares in the last quarter. Chapin Davis Inc. lifted its stake in shares of Vanguard Real Estate ETF by 3.9% during the 1st quarter. Chapin Davis Inc. now owns 9,693 shares of the exchange traded fund’s stock worth $838,000 after purchasing an additional 364 shares during the period. Vanguard Group Inc. lifted its stake in shares of Vanguard Real Estate ETF by 9.7% during the 1st quarter. Vanguard Group Inc. now owns 23,026 shares of the exchange traded fund’s stock worth $1,991,000 after purchasing an additional 2,031 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in shares of Vanguard Real Estate ETF by 130.8% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 5,982 shares of the exchange traded fund’s stock worth $517,000 after purchasing an additional 3,390 shares during the period. Finally, ORG Partners LLC purchased a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth $26,000.

Vanguard Real Estate ETF Stock Down 0.9 %

Shares of Vanguard Real Estate ETF stock opened at $95.74 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58. The firm has a market cap of $37.68 billion, a PE ratio of 22.09 and a beta of 1.03. The business’s fifty day moving average is $95.96 and its two-hundred day moving average is $88.57.

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.