SVB Wealth LLC Sells 7,002 Shares of Vanguard Real Estate ETF $VNQ

SVB Wealth LLC lowered its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 46.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,118 shares of the exchange traded fund’s stock after selling 7,002 shares during the period. SVB Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $742,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its holdings in shares of Vanguard Real Estate ETF by 123.6% during the second 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 in the last quarter. Cohalo Advisory LLC bought a new position in Vanguard Real Estate ETF in the 2nd quarter worth $29,000. Barnes Dennig Private Wealth Management LLC bought a new position in Vanguard Real Estate ETF in the 2nd quarter worth $33,000. Thompson Investment Management Inc. bought a new position in Vanguard Real Estate ETF in the third quarter worth $45,000. Finally, Corsicana & Co. purchased a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter worth approximately $47,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.6%

Shares of VNQ stock opened at $93.36 on Thursday. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $94.95. The firm’s 50 day moving average is $89.99 and its 200 day moving average is $90.37. The stock has a market capitalization of $35.75 billion, a P/E ratio of 35.58 and a beta of 1.03.

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.