Vanguard Real Estate ETF $VNQ Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC reduced its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 36.1% during the first quarter, Holdings Channel reports. The firm owned 42,888 shares of the exchange traded fund’s stock after selling 24,211 shares during the period. HB Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $3,804,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VNQ. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Evelyn Partners Investment Management LLP acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Resources Management Corp CT ADV bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $27,000. Evermay Wealth Management LLC boosted its stake in shares of Vanguard Real Estate ETF by 46.5% during the 4th 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 in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $34,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $98.02 on Monday. The stock’s fifty day simple moving average is $96.41 and its 200 day simple moving average is $93.27. The stock has a market capitalization of $37.96 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week 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.