Duncan Williams Asset Management LLC Trims Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Duncan Williams Asset Management LLC lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,144 shares of the exchange traded fund’s stock after selling 484 shares during the period. Duncan Williams Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $285,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Copia Wealth Management acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $27,000. Nemes Rush Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Providence First Trust Co purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $42,000. Minot DeBlois Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at approximately $46,000. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $48,000.

Vanguard Real Estate ETF Stock Up 0.3%

NYSEARCA:VNQ opened at $89.89 on Thursday. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.58. The stock’s fifty day moving average is $88.28 and its two-hundred day moving average is $89.74. The stock has a market capitalization of $95.28 billion, a price-to-earnings ratio of 32.63 and a beta of 1.02.

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.