Parker Financial LLC Cuts Stock Holdings in Vanguard Real Estate ETF $VNQ

Parker Financial LLC lowered its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.9% during the second quarter, HoldingsChannel.com reports. The firm owned 3,736 shares of the exchange traded fund’s stock after selling 410 shares during the period. Parker Financial LLC’s holdings in Vanguard Real Estate ETF were worth $333,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Reyes Financial Architecture Inc. increased its position in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at approximately $40,000. Anderson Financial Strategies LLC purchased a new stake in shares of Vanguard Real Estate ETF during the first quarter worth about $41,000. Olistico Wealth LLC purchased a new stake in shares of Vanguard Real Estate ETF during the first quarter worth about $44,000. Finally, CX Institutional increased its stake in shares of Vanguard Real Estate ETF by 133.6% during the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 282 shares in the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 1.3%

VNQ stock opened at $88.13 on Monday. The stock has a market capitalization of $33.25 billion, a P/E ratio of 35.58 and a beta of 0.91. The firm has a 50-day simple moving average of $90.92 and a 200-day simple moving average of $89.41. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week 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.