Fairway Wealth LLC Cuts Stock Position in Vanguard Real Estate ETF $VNQ

Fairway Wealth LLC lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 59.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,545 shares of the exchange traded fund’s stock after selling 126,851 shares during the quarter. Vanguard Real Estate ETF accounts for 1.8% of Fairway Wealth LLC’s investment portfolio, making the stock its 18th largest position. Fairway Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $7,588,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Evelyn Partners Investment Management LLP purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Resources Management Corp CT ADV bought a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Evermay Wealth Management LLC raised its position in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $34,000. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.5%

VNQ opened at $98.15 on Tuesday. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The company’s 50-day moving average price is $96.29 and its two-hundred day moving average price is $93.05. The stock has a market cap of $37.83 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

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.