Horizon Bancorp Inc. IN Acquires 29,980 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Horizon Bancorp Inc. IN boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1,660.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,786 shares of the exchange traded fund’s stock after purchasing an additional 29,980 shares during the period. Vanguard Real Estate ETF makes up 1.4% of Horizon Bancorp Inc. IN’s portfolio, making the stock its 14th largest position. Horizon Bancorp Inc. IN’s holdings in Vanguard Real Estate ETF were worth $3,097,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. ORG Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter worth approximately $26,000. Eastern Bank purchased a new position in shares of Vanguard Real Estate ETF in the 3rd quarter worth about $26,000. Pathway Financial Advisers LLC purchased a new stake in Vanguard Real Estate ETF during the 1st quarter valued at about $28,000. Triad Wealth Partners LLC bought a new stake in Vanguard Real Estate ETF during the 2nd quarter valued at about $28,000. Finally, Addison Advisors LLC lifted its stake in shares of Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ traded down $0.91 on Friday, hitting $95.74. 3,834,839 shares of the stock traded hands, compared to its average volume of 4,154,328. The business has a 50 day simple moving average of $95.87 and a 200 day simple moving average of $88.49. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $99.58. The company has a market capitalization of $37.68 billion, a PE ratio of 22.09 and a beta of 1.03.

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.