First Bancorp Inc ME Acquires Shares of 7,643 Vanguard Real Estate ETF $VNQ

First Bancorp Inc ME acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,643 shares of the exchange traded fund’s stock, valued at approximately $737,000.

Other hedge funds have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Resources Management Corp CT ADV acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Laurel Wealth Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth $34,000. Finally, Palisade Asset Management LLC purchased a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth $36,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Up 0.2%

Shares of NYSEARCA:VNQ opened at $99.25 on Wednesday. The company has a market cap of $39.33 billion, a P/E ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $101.80. The business has a fifty day simple moving average of $98.22 and a 200-day simple moving average of $95.58.

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.