Tanglewood Wealth Management Inc. Sells 11,232 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Tanglewood Wealth Management Inc. lowered its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,588 shares of the exchange traded fund’s stock after selling 11,232 shares during the quarter. Vanguard Real Estate ETF comprises 2.2% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 17th largest holding. Tanglewood Wealth Management Inc.’s holdings in Vanguard Real Estate ETF were worth $19,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in VNQ. Empower Advisory Group LLC boosted its holdings in shares of Vanguard Real Estate ETF by 3.2% in the 4th quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after buying an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Real Estate ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after acquiring an additional 263,065 shares during the last quarter. US Bancorp DE boosted its stake in Vanguard Real Estate ETF by 11.5% in the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Vanguard Real Estate ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after purchasing an additional 227,202 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $299,211,000.

Vanguard Real Estate ETF Trading Up 0.5%

Shares of VNQ opened at $89.87 on Friday. The firm has a market cap of $95.26 billion, a PE ratio of 32.63 and a beta of 1.02. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.58. The stock has a fifty day moving average price of $87.35 and a 200-day moving average price of $90.10.

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.