LRI Investments LLC Reduces Stock Holdings in Vanguard Real Estate ETF $VNQ

LRI Investments LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 153,196 shares of the exchange traded fund’s stock after selling 2,738 shares during the period. Vanguard Real Estate ETF makes up 1.0% of LRI Investments LLC’s investment portfolio, making the stock its 20th largest position. LRI Investments LLC’s holdings in Vanguard Real Estate ETF were worth $13,644,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VNQ. Allspring Global Investments Holdings LLC grew its position in shares of Vanguard Real Estate ETF by 65.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock worth $2,018,000 after acquiring an additional 8,816 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Vanguard Real Estate ETF by 27.8% during the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 119 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Vanguard Real Estate ETF by 100.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,000 shares during the last quarter. Sowell Financial Services LLC grew its position in shares of Vanguard Real Estate ETF by 3.9% during the first quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock worth $988,000 after acquiring an additional 413 shares during the last quarter. Finally, Kerntke Otto McGlone Wealth Management Group grew its position in shares of Vanguard Real Estate ETF by 2.5% during the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock worth $1,059,000 after acquiring an additional 285 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 1.3%

Shares of VNQ opened at $88.13 on Friday. The firm has a market cap of $33.25 billion, a PE ratio of 35.58 and a beta of 0.91. The company’s 50 day simple moving average is $90.92 and its 200-day simple moving average is $89.41. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.20.

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.