Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 12,703 shares of the exchange traded fund’s stock after selling 2,343 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Real Estate ETF were worth $1,122,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in Vanguard Real Estate ETF in the second quarter valued at about $30,000. Buck Wealth Strategies LLC acquired a new position in Vanguard Real Estate ETF in the third quarter valued at about $27,000. Halpern Financial Inc. acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $33,000. Capital Investment Counsel Inc acquired a new position in Vanguard Real Estate ETF in the third quarter valued at about $30,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Vanguard Real Estate ETF in the third quarter valued at about $31,000.

Vanguard Real Estate ETF Trading Up 1.1 %

NYSEARCA VNQ traded up $0.90 during trading hours on Monday, reaching $84.84. The company had a trading volume of 3,866,588 shares, compared to its average volume of 4,801,444. The stock has a 50-day moving average of $85.02 and a 200 day moving average of $82.21. Vanguard Real Estate ETF has a 1-year low of $70.61 and a 1-year high of $90.09. The stock has a market capitalization of $32.70 billion, a P/E ratio of 28.40 and a beta of 0.91.

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.