Montecito Bank & Trust Buys 10,523 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Montecito Bank & Trust boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 100.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,956 shares of the exchange traded fund’s stock after purchasing an additional 10,523 shares during the period. Montecito Bank & Trust’s holdings in Vanguard Real Estate ETF were worth $1,867,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VNQ. Eastern Bank bought a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Finally, Laurel Wealth Advisors LLC lifted its stake in Vanguard Real Estate ETF by 73.1% during 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 in the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $90.40 on Friday. The company has a fifty day moving average price of $91.99 and a 200-day moving average price of $93.04. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The firm has a market cap of $35.58 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.