Vanguard Real Estate ETF $VNQ Holdings Decreased by Independent Wealth Network Inc.

Independent Wealth Network Inc. reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 60.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,645 shares of the exchange traded fund’s stock after selling 7,001 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Real Estate ETF were worth $412,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VNQ. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $26,000. Evelyn Partners Investment Management LLP acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Resources Management Corp CT ADV acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $27,000. Evermay Wealth Management LLC grew its position in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 113 shares during the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $34,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Up 1.5%

VNQ opened at $98.67 on Friday. The company’s 50-day moving average price is $96.23 and its 200 day moving average price is $92.95. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $99.15. The firm has a market cap of $38.04 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF 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.