Kwmg LLC Trims Stock Position in Vanguard Real Estate ETF $VNQ

Kwmg LLC cut its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 300,356 shares of the exchange traded fund’s stock after selling 25,430 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 2.4% of Kwmg LLC’s investment portfolio, making the stock its 10th largest position. Kwmg LLC’s holdings in Vanguard Real Estate ETF were worth $27,459,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in shares of Vanguard Real Estate ETF by 123.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 173 shares in the last quarter. Cohalo Advisory LLC bought a new stake in Vanguard Real Estate ETF during the second quarter worth approximately $29,000. Reyes Financial Architecture Inc. raised its position in Vanguard Real Estate ETF by 405.5% during the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at approximately $33,000. Finally, Aberdeen Wealth Management LLC purchased a new position in shares of Vanguard Real Estate ETF in the 1st quarter worth approximately $40,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $89.40 on Thursday. The firm has a market capitalization of $33.72 billion, a PE ratio of 35.58 and a beta of 1.03. The stock’s fifty day moving average is $89.99 and its 200 day moving average is $90.33. 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 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.