Sachem Hill LLC Trims Stake in Vanguard Real Estate ETF $VNQ

Sachem Hill LLC lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 183,346 shares of the exchange traded fund’s stock after selling 7,983 shares during the quarter. Vanguard Real Estate ETF makes up approximately 3.4% of Sachem Hill LLC’s investment portfolio, making the stock its 10th largest holding. Sachem Hill LLC’s holdings in Vanguard Real Estate ETF were worth $16,761,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VNQ. Hantz Financial Services Inc. increased its position in shares of Vanguard Real Estate ETF by 123.6% during the second 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 during the period. Cohalo Advisory LLC bought a new stake in Vanguard Real Estate ETF during the second quarter valued at $29,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Vanguard Real Estate ETF during the 2nd quarter worth about $33,000. Thompson Investment Management Inc. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth about $45,000. Finally, CX Institutional raised 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 acquiring an additional 282 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $90.90 on Wednesday. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $94.95. The business’s 50-day moving average is $89.60 and its 200-day moving average is $90.28. The company has a market capitalization of $34.81 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.