BNP Paribas Financial Markets Cuts Stock Holdings in Vanguard Real Estate ETF $VNQ

BNP Paribas Financial Markets lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 93.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,193 shares of the exchange traded fund’s stock after selling 1,364,396 shares during the period. BNP Paribas Financial Markets’ holdings in Vanguard Real Estate ETF were worth $8,158,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Cherry Tree Wealth Management LLC increased its position in shares of Vanguard Real Estate ETF by 1.8% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 51,804 shares of the exchange traded fund’s stock worth $4,584,000 after acquiring an additional 919 shares in the last quarter. IF Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $3,715,000. ARK & TLK Investments LLC increased its position in shares of Vanguard Real Estate ETF by 9.3% in the fourth quarter. ARK & TLK Investments LLC now owns 48,226 shares of the exchange traded fund’s stock worth $4,267,000 after acquiring an additional 4,107 shares in the last quarter. Blueline Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $2,713,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $104,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 2.3%

Vanguard Real Estate ETF stock opened at $97.67 on Wednesday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $98.11. The firm has a fifty day moving average of $94.68 and a 200-day moving average of $92.33. The firm has a market capitalization of $37.65 billion, a P/E ratio of 35.58 and a beta of 0.98.

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.