Envestnet Portfolio Solutions Inc. Trims Stock Position in Vanguard Real Estate ETF $VNQ

Envestnet Portfolio Solutions Inc. trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 39.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,095 shares of the exchange traded fund’s stock after selling 33,828 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Real Estate ETF were worth $4,763,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiducient Advisors LLC increased its holdings in Vanguard Real Estate ETF by 144.8% in the third quarter. Fiducient Advisors LLC now owns 13,060 shares of the exchange traded fund’s stock valued at $1,194,000 after buying an additional 7,725 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Real Estate ETF during the 2nd quarter valued at about $585,000. Gould Asset Management LLC CA increased its stake in shares of Vanguard Real Estate ETF by 3.9% in the 3rd quarter. Gould Asset Management LLC CA now owns 161,662 shares of the exchange traded fund’s stock valued at $14,779,000 after purchasing an additional 6,034 shares in the last quarter. Allworth Financial LP raised its holdings in Vanguard Real Estate ETF by 179.5% in the 2nd quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock worth $6,867,000 after purchasing an additional 49,516 shares during the period. Finally, Chandler Asset Management Inc. boosted its position in Vanguard Real Estate ETF by 4.6% during the third quarter. Chandler Asset Management Inc. now owns 397,448 shares of the exchange traded fund’s stock worth $36,335,000 after purchasing an additional 17,595 shares in the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $90.54 on Monday. The stock has a market capitalization of $34.67 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $94.95. The business has a 50 day simple moving average of $89.65 and a 200-day simple moving average of $90.31.

Vanguard Real Estate ETF 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.