Cherry Tree Wealth Management LLC Cuts Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cherry Tree Wealth Management LLC lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 50,002 shares of the exchange traded fund’s stock after selling 556 shares during the quarter. Vanguard Real Estate ETF comprises approximately 1.1% of Cherry Tree Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $26,000. Godsey & Gibb Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Finally, CKW Financial Group purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $27,000.

Vanguard Real Estate ETF Trading Down 1.0 %

NYSEARCA:VNQ opened at $91.64 on Monday. The company has a market cap of $36.07 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The company’s 50 day moving average is $90.02 and its two-hundred day moving average is $93.49.

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.