Glassman Wealth Services Has $118,000 Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Glassman Wealth Services cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.4% during the fourth quarter, Holdings Channel reports. The firm owned 1,319 shares of the exchange traded fund’s stock after selling 497 shares during the quarter. Glassman Wealth Services’ holdings in Vanguard Real Estate ETF were worth $118,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. CKW Financial Group purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 73.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.8 %

Shares of VNQ stock opened at $93.90 on Friday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company has a market capitalization of $102.35 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. The stock’s fifty day simple moving average is $90.26 and its 200-day simple moving average is $93.55.

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.