Moran Wealth Management LLC Decreases Position in Vanguard Real Estate ETF $VNQ

Moran Wealth Management LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 45.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,480 shares of the exchange traded fund’s stock after selling 29,419 shares during the quarter. Moran Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $3,140,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Frankly Finances LLC purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $1,978,000. Welch Group LLC purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $205,000. AE Wealth Management LLC lifted its stake in Vanguard Real Estate ETF by 1.3% in the 4th quarter. AE Wealth Management LLC now owns 23,561 shares of the exchange traded fund’s stock valued at $2,085,000 after buying an additional 311 shares in the last quarter. Roof Eidam Maycock Peralta LLC lifted its stake in Vanguard Real Estate ETF by 3.8% in the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 14,091 shares of the exchange traded fund’s stock valued at $1,247,000 after buying an additional 513 shares in the last quarter. Finally, Whittier Trust Co. lifted its stake in Vanguard Real Estate ETF by 1.4% in the 4th quarter. Whittier Trust Co. now owns 59,770 shares of the exchange traded fund’s stock valued at $5,342,000 after buying an additional 800 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $96.68 on Monday. The firm has a market capitalization of $37.27 billion, a PE ratio of 35.58 and a beta of 1.02. Vanguard Real Estate ETF has a twelve month low of $83.97 and a twelve month high of $96.81. The firm’s 50-day moving average price is $92.66 and its 200 day moving average price is $90.92.

Vanguard Real Estate ETF Company 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.