Sandy Spring Bank Sells 308 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sandy Spring Bank trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,930 shares of the exchange traded fund’s stock after selling 308 shares during the period. Sandy Spring Bank’s holdings in Vanguard Real Estate ETF were worth $617,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Godsey & Gibb Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Howard Capital Management Group LLC bought a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $26,000. CKW Financial Group bought a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC increased its holdings in Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $90.27 on Friday. The company has a market cap of $98.39 billion, a P/E ratio of 33.73 and a beta of 1.08. The firm’s fifty day moving average is $91.18 and its two-hundred day moving average is $93.36. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58.

Vanguard Real Estate ETF 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.