Spire Wealth Management Sells 4,185 Shares of Vanguard Real Estate ETF $VNQ

Spire Wealth Management lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 35.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 7,510 shares of the exchange traded fund’s stock after selling 4,185 shares during the quarter. Spire Wealth Management’s holdings in Vanguard Real Estate ETF were worth $669,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its stake in Vanguard Real Estate ETF by 123.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 173 shares during the period. Cohalo Advisory LLC acquired a new position in Vanguard Real Estate ETF in the 2nd quarter valued at about $29,000. Reyes Financial Architecture Inc. raised its holdings in Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 296 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in Vanguard Real Estate ETF during the second quarter worth approximately $33,000. Finally, Aberdeen Wealth Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter worth approximately $40,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 0.3%

Vanguard Real Estate ETF stock opened at $89.18 on Friday. The company has a market capitalization of $33.64 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The stock’s 50 day moving average is $91.21 and its 200-day moving average is $89.97. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20.

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.