Fairway Wealth LLC Sells 5,804 Shares of Vanguard Real Estate ETF $VNQ

Fairway Wealth LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 212,396 shares of the exchange traded fund’s stock after selling 5,804 shares during the period. Vanguard Real Estate ETF accounts for 3.7% of Fairway Wealth LLC’s holdings, making the stock its 11th largest holding. Fairway Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $18,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the stock. Evermay Wealth Management LLC increased its position in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 113 shares during the period. Palisade Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth $36,000. Texas Capital Bancshares Inc TX acquired a new position in Vanguard Real Estate ETF during the third quarter worth about $44,000. Thompson Investment Management Inc. bought a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $45,000. Finally, Wealth Watch Advisors INC acquired a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $47,000. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $94.52 on Thursday. Vanguard Real Estate ETF has a 52-week low of $86.36 and a 52-week high of $97.06. The company has a market capitalization of $36.44 billion, a P/E ratio of 35.58 and a beta of 1.02. The company has a fifty day moving average price of $92.80 and a 200-day moving average price of $91.01.

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.