Summit Financial LLC Has $473,000 Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Summit Financial LLC reduced its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 29.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,357 shares of the exchange traded fund’s stock after selling 2,288 shares during the quarter. Summit Financial LLC’s holdings in Vanguard Real Estate ETF were worth $473,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VNQ. Principal Financial Group Inc. acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth $3,734,000. BKS Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 2.0% during the 1st quarter. BKS Advisors LLC now owns 11,731 shares of the exchange traded fund’s stock worth $1,020,000 after buying an additional 235 shares in the last quarter. American Research & Management Co. acquired a new position in Vanguard Real Estate ETF during the 1st quarter worth $70,000. Leavell Investment Management Inc. lifted its holdings in Vanguard Real Estate ETF by 4.7% during the 1st quarter. Leavell Investment Management Inc. now owns 20,660 shares of the exchange traded fund’s stock worth $1,808,000 after buying an additional 928 shares in the last quarter. Finally, Alpha Windward LLC lifted its holdings in Vanguard Real Estate ETF by 76.9% during the 1st quarter. Alpha Windward LLC now owns 53,687 shares of the exchange traded fund’s stock worth $4,666,000 after buying an additional 23,346 shares in the last quarter.

NYSEARCA:VNQ traded up $0.59 during trading hours on Thursday, hitting $89.95. 384,884 shares of the stock were exchanged, compared to its average volume of 5,949,176. The company’s 50 day moving average is $88.97. Vanguard Real Estate ETF has a twelve month low of $71.08 and a twelve month high of $91.85.

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.

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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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