Vanguard Real Estate ETF $VNQ Shares Sold by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 37.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,127 shares of the exchange traded fund’s stock after selling 117,664 shares during the quarter. Vanguard Real Estate ETF comprises 1.6% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 15th largest holding. Conservest Capital Advisors Inc. owned about 0.05% of Vanguard Real Estate ETF worth $17,574,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VNQ. 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 acquired a new position 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 in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $34,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.3%

Shares of NYSEARCA VNQ opened at $97.57 on Wednesday. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The firm has a 50-day moving average of $96.69 and a two-hundred day moving average of $93.70. The company has a market capitalization of $38.66 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

About Vanguard Real Estate ETF

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.