Mechanics Financial Corp Sells 1,452 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Mechanics Financial Corp reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,270 shares of the exchange traded fund’s stock after selling 1,452 shares during the period. Mechanics Financial Corp’s holdings in Vanguard Real Estate ETF were worth $907,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VNQ. JPMorgan Chase & Co. boosted its holdings in shares of 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 valued at $804,308,000 after purchasing an additional 1,955,619 shares during the period. Empower Advisory Group LLC raised its position in Vanguard Real Estate ETF by 5.8% during the 3rd quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock valued at $775,893,000 after purchasing an additional 566,346 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Real Estate ETF by 3.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock worth $563,601,000 after buying an additional 257,323 shares during the period. Cerity Partners LLC grew its position in shares of Vanguard Real Estate ETF by 601.6% during the 4th quarter. Cerity Partners LLC now owns 4,364,788 shares of the exchange traded fund’s stock worth $385,673,000 after buying an additional 3,742,702 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management increased its stake in shares of Vanguard Real Estate ETF by 0.7% during the fourth quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 3,654,504 shares of the exchange traded fund’s stock valued at $322,912,000 after buying an additional 24,650 shares during the period.

Vanguard Real Estate ETF Stock Up 0.8 %

NYSEARCA:VNQ traded up $0.60 during mid-day trading on Thursday, reaching $80.24. The company’s stock had a trading volume of 1,776,650 shares, compared to its average volume of 4,878,212. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $90.09. The stock has a fifty day moving average of $83.80 and a 200-day moving average of $82.83. The firm has a market capitalization of $31.58 billion, a PE ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF 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.