Tompkins Financial Corp Lowers Holdings in Vanguard Real Estate ETF (VNQ)

Tompkins Financial Corp trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 31,129 shares of the exchange traded fund’s stock after selling 1,933 shares during the period. Tompkins Financial Corp’s holdings in Vanguard Real Estate ETF were worth $2,511,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC increased its position in shares of Vanguard Real Estate ETF by 6,719.9% during the second quarter. Cornerstone Wealth Management LLC now owns 3,273,982 shares of the exchange traded fund’s stock valued at $40,420,000 after purchasing an additional 3,225,976 shares during the period. First Republic Investment Management Inc. acquired a new stake in Vanguard Real Estate ETF in the 2nd quarter valued at $104,408,000. Truepoint Inc. boosted its stake in Vanguard Real Estate ETF by 1,264.2% in the 2nd quarter. Truepoint Inc. now owns 1,176,480 shares of the exchange traded fund’s stock valued at $95,824,000 after buying an additional 1,090,241 shares in the last quarter. Bank of Montreal Can acquired a new position in Vanguard Real Estate ETF in the second quarter worth $79,622,000. Finally, Sun Life Financial INC boosted its stake in Vanguard Real Estate ETF by 1,225.0% in the second quarter. Sun Life Financial INC now owns 1,046,600 shares of the exchange traded fund’s stock worth $85,246,000 after purchasing an additional 967,613 shares in the last quarter.

Vanguard Real Estate ETF stock traded up $0.36 on Thursday, reaching $77.96. The company’s stock had a trading volume of 166,892 shares, compared to its average volume of 5,622,001. Vanguard Real Estate ETF has a twelve month low of $72.05 and a twelve month high of $86.14.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 27th. Shareholders of record on Tuesday, September 25th were paid a $1.1437 dividend. The ex-dividend date of this dividend was Monday, September 24th. This represents a $4.57 dividend on an annualized basis and a yield of 5.87%. This is a positive change from Vanguard Real Estate ETF’s previous quarterly dividend of $0.73.

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.

See Also: How Do You Make Money With Penny Stocks?

Want to see what other hedge funds are holding VNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Real Estate ETF (NYSEARCA:VNQ).

Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

Receive News & Ratings for Vanguard Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply