Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Bought by Synovus Financial Corp

Synovus Financial Corp lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 23.4% during the third quarter, Holdings Channel reports. The firm owned 40,817 shares of the exchange traded fund’s stock after acquiring an additional 7,739 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard Real Estate ETF were worth $3,976,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 9.7% in the first quarter. Vanguard Group Inc. now owns 23,026 shares of the exchange traded fund’s stock valued at $1,991,000 after acquiring an additional 2,031 shares during the period. ORG Partners LLC acquired a new stake in Vanguard Real Estate ETF during the 2nd quarter worth $26,000. Sara Bay Financial grew its position in Vanguard Real Estate ETF by 30.0% during the 2nd quarter. Sara Bay Financial now owns 11,141 shares of the exchange traded fund’s stock worth $933,000 after purchasing an additional 2,568 shares during the last quarter. Parsons Capital Management Inc. RI grew its position in Vanguard Real Estate ETF by 11.9% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 14,464 shares of the exchange traded fund’s stock worth $1,212,000 after purchasing an additional 1,538 shares during the last quarter. Finally, Continuum Advisory LLC increased its stake in Vanguard Real Estate ETF by 2.3% in the second quarter. Continuum Advisory LLC now owns 23,643 shares of the exchange traded fund’s stock valued at $1,980,000 after purchasing an additional 536 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $93.85 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The firm has a 50-day simple moving average of $95.49 and a 200-day simple moving average of $91.95. The company has a market capitalization of $36.94 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.