Vanguard Real Estate ETF $VNQ Position Trimmed by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 90.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,463 shares of the exchange traded fund’s stock after selling 49,831 shares during the period. Simplicity Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $499,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in Vanguard Real Estate ETF in the 2nd quarter worth approximately $585,000. Gould Asset Management LLC CA raised its stake in Vanguard Real Estate ETF by 3.9% during the 3rd quarter. Gould Asset Management LLC CA now owns 161,662 shares of the exchange traded fund’s stock valued at $14,779,000 after purchasing an additional 6,034 shares during the period. Allworth Financial LP lifted its holdings in shares of Vanguard Real Estate ETF by 179.5% in the second quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock valued at $6,867,000 after purchasing an additional 49,516 shares in the last quarter. Chandler Asset Management Inc. boosted its position in shares of Vanguard Real Estate ETF by 4.6% in the third quarter. Chandler Asset Management Inc. now owns 397,448 shares of the exchange traded fund’s stock worth $36,335,000 after buying an additional 17,595 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Vanguard Real Estate ETF by 365.3% during the second quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock valued at $119,000 after buying an additional 1,052 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.2%

NYSEARCA:VNQ opened at $90.54 on Friday. The business’s fifty day moving average price is $89.65 and its 200 day moving average price is $90.30. The firm has a market capitalization of $34.67 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $94.95.

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.