Rathbones Group PLC Sells 19,006 Shares of Vanguard Real Estate ETF $VNQ

Rathbones Group PLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,976 shares of the exchange traded fund’s stock after selling 19,006 shares during the quarter. Rathbones Group PLC’s holdings in Vanguard Real Estate ETF were worth $7,431,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VNQ. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Evermay Wealth Management LLC lifted its position in Vanguard Real Estate ETF by 46.5% in the 4th 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 in the last quarter. Laurel Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $34,000. Pittenger & Anderson Inc. bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC bought a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $36,000. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Trading Up 0.2%

VNQ stock opened at $96.67 on Friday. The stock has a market capitalization of $37.26 billion, a PE ratio of 35.58 and a beta of 1.00. Vanguard Real Estate ETF has a 12-month low of $86.36 and a 12-month high of $97.37. The stock’s 50 day simple moving average is $93.21 and its 200 day simple moving average is $91.73.

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.