Chapin Davis Inc. Lowers Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Chapin Davis Inc. reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 8,978 shares of the exchange traded fund’s stock after selling 715 shares during the period. Chapin Davis Inc.’s holdings in Vanguard Real Estate ETF were worth $752,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC bought a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $97,000. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 32.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 197,491 shares of the exchange traded fund’s stock worth $17,450,000 after acquiring an additional 48,196 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Vanguard Real Estate ETF by 13.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,051 shares of the exchange traded fund’s stock valued at $183,000 after purchasing an additional 249 shares in the last quarter. Finally, Slow Capital Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% during the 4th quarter. Slow Capital Inc. now owns 20,369 shares of the exchange traded fund’s stock valued at $1,800,000 after purchasing an additional 312 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ traded down $0.05 during trading hours on Friday, reaching $91.33. The company’s stock had a trading volume of 2,260,964 shares, compared to its average volume of 4,289,203. The firm has a 50-day simple moving average of $86.99 and a 200-day simple moving average of $84.77. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $92.13. The firm has a market capitalization of $35.95 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.