First Financial Corp IN Trims Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First Financial Corp IN reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 9,014 shares of the exchange traded fund’s stock after selling 191 shares during the period. First Financial Corp IN’s holdings in Vanguard Real Estate ETF were worth $779,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 87.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock valued at $861,217,000 after purchasing an additional 4,547,415 shares during the last quarter. Cerity Partners LLC boosted its holdings in Vanguard Real Estate ETF by 601.6% in the fourth quarter. Cerity Partners LLC now owns 4,364,788 shares of the exchange traded fund’s stock worth $385,673,000 after acquiring an additional 3,742,702 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Real Estate ETF by 22.5% in the third quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock worth $804,308,000 after acquiring an additional 1,955,619 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $150,204,000. Finally, Kepos Capital LP bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at $107,763,000.

Vanguard Real Estate ETF Stock Down 0.2 %

Shares of NYSEARCA VNQ traded down $0.17 during midday trading on Wednesday, hitting $83.41. The stock had a trading volume of 1,154,081 shares, compared to its average volume of 4,391,709. The business’s 50 day moving average is $82.39 and its 200-day moving average is $84.43. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $90.09. The company has a market cap of $32.83 billion, a P/E 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.