Vanguard Real Estate ETF $VNQ Stake Lessened by Independence Asset Advisors LLC

Independence Asset Advisors LLC reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 23.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,298 shares of the exchange traded fund’s stock after selling 6,387 shares during the period. Vanguard Real Estate ETF makes up about 1.0% of Independence Asset Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Independence Asset Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,885,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lansing Street Advisors boosted its stake in shares of Vanguard Real Estate ETF by 2.8% in the 3rd quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 110 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Vanguard Real Estate ETF by 8.4% in the 4th quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 110 shares during the last quarter. Kovack Advisors Inc. boosted its stake in shares of Vanguard Real Estate ETF by 0.9% in the 3rd quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock worth $1,195,000 after buying an additional 112 shares during the last quarter. Nestegg Advisors Inc. boosted its stake in shares of Vanguard Real Estate ETF by 0.9% in the 4th quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock worth $1,068,000 after buying an additional 112 shares during the last quarter. Finally, VERITY Wealth Advisors boosted its stake in shares of Vanguard Real Estate ETF by 0.5% in the 4th quarter. VERITY Wealth Advisors now owns 24,712 shares of the exchange traded fund’s stock worth $2,187,000 after buying an additional 113 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $96.06 on Friday. The company has a market cap of $37.03 billion, a P/E ratio of 35.58 and a beta of 1.02. The stock’s fifty day moving average price is $92.92 and its 200-day moving average price is $91.25. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.06.

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.