OneAscent Financial Services LLC Lowers Stake in Vanguard Real Estate ETF $VNQ

OneAscent Financial Services LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 54.6% during the third quarter, HoldingsChannel reports. The fund owned 12,522 shares of the exchange traded fund’s stock after selling 15,048 shares during the quarter. OneAscent Financial Services LLC’s holdings in Vanguard Real Estate ETF were worth $1,145,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its stake in Vanguard Real Estate ETF by 123.6% in the second quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 173 shares during the last quarter. Cohalo Advisory LLC bought a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $29,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $33,000. CX Institutional grew its position in shares of Vanguard Real Estate ETF by 133.6% in the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 282 shares during the last quarter. Finally, Thompson Investment Management Inc. bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $45,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $90.42 on Tuesday. The stock has a market cap of $34.62 billion, a PE ratio of 35.58 and a beta of 1.03. The stock has a 50-day moving average of $89.68 and a two-hundred day moving average of $90.32. Vanguard Real Estate ETF has a one year low of $76.92 and a one 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.