Pinnacle Bancorp Inc. Grows Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Bancorp Inc. lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,972 shares of the exchange traded fund’s stock after acquiring an additional 1,393 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Real Estate ETF were worth $1,066,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Empower Advisory Group LLC increased its holdings in Vanguard Real Estate ETF by 1.1% during the 3rd quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock worth $1,112,857,000 after purchasing an additional 125,586 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Real Estate ETF by 7.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after buying an additional 523,467 shares during the period. US Bancorp DE raised its holdings in shares of Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after acquiring an additional 123,161 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in Vanguard Real Estate ETF by 465.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock worth $446,718,000 after acquiring an additional 3,774,000 shares during the period.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $87.89 on Thursday. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The company has a market capitalization of $34.59 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The company’s 50-day simple moving average is $92.58 and its two-hundred day simple moving average is $92.84.

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.