First Financial Bankshares Inc Grows Stake in Vanguard Real Estate ETF $VNQ

First Financial Bankshares Inc boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 41.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,772 shares of the exchange traded fund’s stock after purchasing an additional 88,673 shares during the period. First Financial Bankshares Inc’s holdings in Vanguard Real Estate ETF were worth $26,969,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Lansing Street Advisors increased its stake in Vanguard Real Estate ETF by 2.8% in the 3rd quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 110 shares in the last quarter. Signaturefd LLC increased its stake in Vanguard Real Estate ETF by 8.4% in the 4th quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 110 shares in the last quarter. Kovack Advisors Inc. increased its stake in Vanguard Real Estate ETF by 0.9% in the 3rd quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock valued at $1,195,000 after purchasing an additional 112 shares in the last quarter. Nestegg Advisors Inc. increased its stake in Vanguard Real Estate ETF by 0.9% in the 4th quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 112 shares in the last quarter. Finally, Opulen Financial Group LLC increased its stake in Vanguard Real Estate ETF by 2.2% in the 4th quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock valued at $470,000 after purchasing an additional 112 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $97.61 on Friday. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $98.40. The company has a market capitalization of $37.63 billion, a P/E ratio of 35.58 and a beta of 0.98. The business has a 50 day moving average price of $95.07 and a 200 day moving average price of $92.45.

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.