Oppenheimer & Co. Inc. Sells 31,312 Shares of Vanguard Real Estate ETF $VNQ

Oppenheimer & Co. Inc. trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 55.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,916 shares of the exchange traded fund’s stock after selling 31,312 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Real Estate ETF were worth $2,205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC increased its position in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $34,000. Palisade Asset Management LLC acquired a new stake in Vanguard Real Estate ETF in the third quarter worth about $36,000. Camelot Portfolios LLC acquired a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $38,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Real Estate ETF in the third quarter worth about $44,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Down 0.6%

Shares of VNQ stock opened at $95.46 on Tuesday. The stock has a 50-day moving average price of $92.92 and a 200 day moving average price of $91.28. The firm has a market cap of $36.80 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00. Vanguard Real Estate ETF has a 12 month low of $86.36 and a 12 month high of $97.06.

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.