Blue Trust Inc. cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) by 31.3% during the first quarter, HoldingsChannel.com reports. The fund owned 18,480 shares of the exchange traded fund’s stock after selling 8,429 shares during the quarter. Blue Trust Inc.’s holdings in Vanguard Real Estate ETF were worth $1,639,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Evelyn Partners Investment Management LLP bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Resources Management Corp CT ADV bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Evermay Wealth Management LLC lifted its holdings in shares of Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $34,000. Institutional investors own 60.03% of the company’s stock.
Vanguard Real Estate ETF Trading Up 0.2%
VNQ opened at $97.19 on Friday. The business’s fifty day simple moving average is $96.15 and its 200-day simple moving average is $92.91. The company has a market capitalization of $37.46 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $99.15.
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.
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Want to see what other hedge funds are holding VNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report).
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