Vanguard Real Estate ETF $VNQ Shares Purchased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.8% during the fourth quarter, HoldingsChannel reports. The fund owned 472,134 shares of the exchange traded fund’s stock after buying an additional 34,241 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Real Estate ETF were worth $41,779,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $26,000. Evermay Wealth Management LLC grew its holdings in Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the period. Laurel Wealth Advisors LLC acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $34,000. Pittenger & Anderson Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $36,000. Finally, Palisade Asset Management LLC acquired a new position in Vanguard Real Estate ETF during the third quarter worth $36,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $95.70 on Monday. The business’s fifty day moving average price is $93.70 and its 200 day moving average price is $92.03. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $97.71. The firm has a market capitalization of $36.89 billion, a PE ratio of 35.58 and a beta of 1.00.

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.