Farmers & Merchants Investments Inc. Cuts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Farmers & Merchants Investments Inc. reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,853 shares of the exchange traded fund’s stock after selling 769 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Vanguard Real Estate ETF were worth $3,518,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VNQ. Brighton Jones LLC boosted its holdings in shares of Vanguard Real Estate ETF by 59.4% during the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after purchasing an additional 11,469 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the period. Van ECK Associates Corp purchased a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $10,542,000. Covenant Asset Management LLC lifted its holdings in Vanguard Real Estate ETF by 5.5% in the fourth quarter. Covenant Asset Management LLC now owns 19,644 shares of the exchange traded fund’s stock worth $1,750,000 after buying an additional 1,016 shares during the period. Finally, Manchester Capital Management LLC lifted its holdings in Vanguard Real Estate ETF by 1.6% in the fourth quarter. Manchester Capital Management LLC now owns 80,113 shares of the exchange traded fund’s stock worth $7,136,000 after buying an additional 1,229 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $89.83 on Friday. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.58. The company has a 50-day simple moving average of $87.87 and a two-hundred day simple moving average of $89.86. The firm has a market capitalization of $95.22 billion, a PE ratio of 32.63 and a beta of 1.02.

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.