LPL Financial LLC Lowers Stake in Vanguard Real Estate ETF $VNQ

LPL Financial LLC lowered its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,207,178 shares of the exchange traded fund’s stock after selling 33,096 shares during the period. LPL Financial LLC’s holdings in Vanguard Real Estate ETF were worth $195,313,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VNQ. Lansing Street Advisors lifted its holdings in shares of Vanguard Real Estate ETF by 2.8% in the third 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 in the last quarter. Signaturefd LLC lifted its holdings in shares of Vanguard Real Estate ETF by 8.4% in the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 110 shares in the last quarter. Kovack Advisors Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 0.9% in the third 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 in the last quarter. Nestegg Advisors Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 0.9% in the fourth 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 in the last quarter. Finally, Opulen Financial Group LLC lifted its holdings in shares of Vanguard Real Estate ETF by 2.2% in the fourth quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock worth $470,000 after buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $97.67 on Wednesday. Vanguard Real Estate ETF has a one year low of $86.84 and a one year high of $98.11. The company’s fifty day moving average price is $94.68 and its 200-day moving average price is $92.33. The company has a market capitalization of $37.65 billion, a PE ratio of 35.58 and a beta of 0.98.

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.