Physician Wealth Advisors Inc. Sells 22,164 Shares of Vanguard Real Estate ETF $VNQ

Physician Wealth Advisors Inc. lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 61.2% during the third quarter, HoldingsChannel reports. The firm owned 14,054 shares of the exchange traded fund’s stock after selling 22,164 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $1,285,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VNQ. Empower Advisory Group LLC grew its position in Vanguard Real Estate ETF by 4.2% in the second quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock valued at $1,285,684,000 after acquiring an additional 577,515 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Real Estate ETF by 6.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock valued at $900,680,000 after purchasing an additional 570,141 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after purchasing an additional 216,763 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in Vanguard Real Estate ETF by 8,739.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock valued at $509,221,000 after purchasing an additional 5,653,040 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in Vanguard Real Estate ETF by 2.0% in the second quarter. Prudential Financial Inc. now owns 4,256,152 shares of the exchange traded fund’s stock valued at $379,053,000 after buying an additional 82,520 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $89.86 on Tuesday. The firm’s fifty day moving average price is $89.80 and its two-hundred day moving average price is $90.33. The stock has a market cap of $34.41 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $94.95.

Vanguard Real Estate ETF Company Profile

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.