Capital Group Private Client Services Inc. Trims Stake in Vanguard Real Estate ETF $VNQ

Capital Group Private Client Services Inc. trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,838 shares of the exchange traded fund’s stock after selling 5,211 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Vanguard Real Estate ETF were worth $2,021,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Evermay Wealth Management LLC grew its stake in shares of 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 purchasing an additional 113 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth about $34,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF in the third quarter worth about $36,000. Finally, Pittenger & Anderson Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $36,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $96.79 on Monday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $97.71. The stock has a market capitalization of $37.31 billion, a PE ratio of 35.58 and a beta of 0.98. The stock’s 50 day moving average price is $94.31 and its 200-day moving average price is $92.22.

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.