Associated Banc Corp Cuts Position in Vanguard Real Estate ETF $VNQ

Associated Banc Corp decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 30.2% during the 1st quarter, Holdings Channel reports. The fund owned 38,573 shares of the exchange traded fund’s stock after selling 16,661 shares during the quarter. Associated Banc Corp’s holdings in Vanguard Real Estate ETF were worth $3,421,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Evelyn Partners Investment Management LLP acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Evermay Wealth Management LLC lifted its position in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $97.32 on Monday. The company has a market cap of $38.56 billion, a P/E ratio of 35.58 and a beta of 0.98. The firm has a fifty day moving average price of $96.62 and a 200 day moving average price of $93.57. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15.

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.