Canandaigua National Bank & Trust Co. Invests $3.32 Million in Vanguard Real Estate ETF $VNQ

Canandaigua National Bank & Trust Co. purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 34,394 shares of the exchange traded fund’s stock, valued at approximately $3,317,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Cambridge Advisors Inc. boosted its stake in Vanguard Real Estate ETF by 10.7% during the 4th quarter. Cambridge Advisors Inc. now owns 84,718 shares of the exchange traded fund’s stock valued at $7,497,000 after purchasing an additional 8,213 shares in the last quarter. Finhabits Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $3,406,000. Assetmark Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 3.1% in the fourth quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock valued at $76,272,000 after buying an additional 26,059 shares during the period. BCR Wealth Strategies LLC boosted its stake in Vanguard Real Estate ETF by 6.0% during the fourth quarter. BCR Wealth Strategies LLC now owns 139,206 shares of the exchange traded fund’s stock valued at $12,318,000 after buying an additional 7,860 shares in the last quarter. Finally, Worth Asset Management LLC bought a new position in Vanguard Real Estate ETF during the first quarter valued at about $751,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $98.92 on Wednesday. The firm has a market cap of $39.20 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.80. The firm’s 50 day moving average price is $97.71 and its two-hundred day moving average price is $94.80.

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.