UNIVEST FINANCIAL Corp Sells 31,642 Shares of Vanguard Real Estate ETF $VNQ

UNIVEST FINANCIAL Corp trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 68.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,280 shares of the exchange traded fund’s stock after selling 31,642 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Vanguard Real Estate ETF were worth $1,267,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. IMG Wealth Management Inc. bought a new stake in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Resources Management Corp CT ADV bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $27,000. Evermay Wealth Management LLC grew its stake in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $97.32 on Monday. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The business has a 50 day moving average price of $96.62 and a 200-day moving average price of $93.57. The company has a market cap of $38.56 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF 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.