Independence Bank of Kentucky Sells 1,212 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Independence Bank of Kentucky lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.3% in the third quarter, Holdings Channel.com reports. The firm owned 18,074 shares of the exchange traded fund’s stock after selling 1,212 shares during the period. Independence Bank of Kentucky’s holdings in Vanguard Real Estate ETF were worth $1,761,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dougherty Wealth Advisers LLC boosted its position in Vanguard Real Estate ETF by 0.4% during the second quarter. Dougherty Wealth Advisers LLC now owns 25,965 shares of the exchange traded fund’s stock worth $2,175,000 after purchasing an additional 116 shares during the period. McLean Asset Management Corp boosted its position in shares of Vanguard Real Estate ETF by 1.4% in the second quarter. McLean Asset Management Corp now owns 8,199 shares of the exchange traded fund’s stock valued at $692,000 after acquiring an additional 117 shares during the period. First National Trust Co boosted its position in shares of Vanguard Real Estate ETF by 2.9% in the second quarter. First National Trust Co now owns 4,148 shares of the exchange traded fund’s stock valued at $347,000 after acquiring an additional 118 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of Vanguard Real Estate ETF by 2.3% in the second quarter. Hexagon Capital Partners LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $444,000 after acquiring an additional 119 shares during the period. Finally, Fifth Third Securities Inc. boosted its position in shares of Vanguard Real Estate ETF by 1.1% in the second quarter. Fifth Third Securities Inc. now owns 11,635 shares of the exchange traded fund’s stock valued at $987,000 after acquiring an additional 124 shares during the period.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock traded up $0.71 during mid-day trading on Friday, hitting $94.43. 440,945 shares of the company traded hands, compared to its average volume of 4,204,214. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $99.58. The stock has a market cap of $37.17 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock has a fifty day moving average price of $94.74 and a 200-day moving average price of $87.69.

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.