Sequoia Financial Advisors LLC Decreases Holdings in Vanguard Real Estate ETF $VNQ

Sequoia Financial Advisors LLC trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 67.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,620 shares of the exchange traded fund’s stock after selling 234,058 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $9,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Efficient Advisors LLC boosted its stake in shares of Vanguard Real Estate ETF by 2.9% during the 4th quarter. Efficient Advisors LLC now owns 606,676 shares of the exchange traded fund’s stock worth $53,685,000 after acquiring an additional 17,250 shares during the last quarter. Everhart Financial Group Inc. increased its stake in shares of Vanguard Real Estate ETF by 14.0% in the 4th quarter. Everhart Financial Group Inc. now owns 60,166 shares of the exchange traded fund’s stock worth $5,324,000 after purchasing an additional 7,398 shares in the last quarter. Finhabits Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth $3,406,000. Cambridge Advisors Inc. raised its holdings in Vanguard Real Estate ETF by 10.7% in the 4th quarter. Cambridge Advisors Inc. now owns 84,718 shares of the exchange traded fund’s stock worth $7,497,000 after purchasing an additional 8,213 shares during the period. Finally, Assetmark Inc. raised its holdings in Vanguard Real Estate ETF by 3.1% in the 4th quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock worth $76,272,000 after purchasing an additional 26,059 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 0.2%

NYSEARCA VNQ traded up $0.23 on Friday, hitting $97.32. 2,539,323 shares of the company traded hands, compared to its average volume of 3,773,914. The company has a market capitalization of $38.56 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The business’s 50 day moving average price is $96.62 and its 200-day moving average price is $93.53. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $99.15.

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.