Vanguard Real Estate ETF $VNQ Shares Sold by Patten Group Inc.

Patten Group Inc. cut its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 16.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,900 shares of the exchange traded fund’s stock after selling 741 shares during the quarter. Patten Group Inc.’s holdings in Vanguard Real Estate ETF were worth $347,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Vanguard Real Estate ETF by 59.4% in the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after acquiring an additional 11,469 shares during the period. Revolve Wealth Partners LLC grew its stake in Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 5,532 shares during the period. GAMMA Investing LLC lifted its position in shares of Vanguard Real Estate ETF by 27.8% during the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 119 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Vanguard Real Estate ETF by 4.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 18,330 shares of the exchange traded fund’s stock worth $1,660,000 after purchasing an additional 765 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in Vanguard Real Estate ETF by 14.4% in the first quarter. Oppenheimer & Co. Inc. now owns 69,565 shares of the exchange traded fund’s stock valued at $6,298,000 after acquiring an additional 8,750 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $92.22 on Thursday. The company has a 50-day simple moving average of $91.14 and a 200-day simple moving average of $89.51. The firm has a market capitalization of $34.79 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $76.92 and a one year 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.