Vanguard Real Estate ETF (NYSEARCA:VNQ) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) saw strong trading volume on Friday . 5,705,966 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 4,323,097 shares.The stock last traded at $86.23 and had previously closed at $87.69.

Vanguard Real Estate ETF Stock Down 2.4 %

The stock has a market cap of $33.69 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock has a 50 day simple moving average of $93.05 and a 200 day simple moving average of $92.67.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VNQ. Fund Evaluation Group LLC increased its holdings in Vanguard Real Estate ETF by 3.4% during the second quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock worth $1,356,000 after buying an additional 526 shares during the last quarter. Headlands Technologies LLC grew its holdings in Vanguard Real Estate ETF by 275.7% during the second quarter. Headlands Technologies LLC now owns 6,935 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 5,089 shares during the period. MGO One Seven LLC increased its position in Vanguard Real Estate ETF by 14.7% in the second quarter. MGO One Seven LLC now owns 35,579 shares of the exchange traded fund’s stock worth $2,980,000 after buying an additional 4,549 shares during the last quarter. LPL Financial LLC increased its position in Vanguard Real Estate ETF by 4.3% in the second quarter. LPL Financial LLC now owns 1,506,914 shares of the exchange traded fund’s stock worth $126,219,000 after buying an additional 62,472 shares during the last quarter. Finally, Idaho Trust Bank raised its stake in shares of Vanguard Real Estate ETF by 320.6% in the second quarter. Idaho Trust Bank now owns 47,218 shares of the exchange traded fund’s stock valued at $3,955,000 after buying an additional 35,991 shares during the period.

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.