Cerity Partners LLC Trims Stock Position in Vanguard Real Estate ETF $VNQ

Cerity Partners LLC lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 596,195 shares of the exchange traded fund’s stock after selling 7,534 shares during the quarter. Cerity Partners LLC’s holdings in Vanguard Real Estate ETF were worth $52,757,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at $26,000. Evermay Wealth Management LLC increased its stake in 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 worth $32,000 after buying an additional 113 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $34,000. Pittenger & Anderson Inc. purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC purchased a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $36,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 2.3%

Shares of NYSEARCA VNQ opened at $97.67 on Wednesday. The stock has a market cap of $37.65 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $98.11. The business’s fifty day simple moving average is $94.68 and its 200-day simple moving average is $92.33.

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.