Wedmont Private Capital Reduces Position in Vanguard Real Estate ETF $VNQ

Wedmont Private Capital trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 16.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,996 shares of the exchange traded fund’s stock after selling 6,608 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard Real Estate ETF were worth $3,211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Magnolia Wealth Management LLC raised its holdings in shares of Vanguard Real Estate ETF by 11.7% during the second quarter. Magnolia Wealth Management LLC now owns 136,305 shares of the exchange traded fund’s stock worth $13,144,000 after purchasing an additional 14,229 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its holdings in Vanguard Real Estate ETF by 5.6% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,085,000 after purchasing an additional 1,147 shares during the last quarter. Advisory Solutions Group LLC acquired a new stake in Vanguard Real Estate ETF during the 2nd quarter worth about $10,830,000. Compass Financial Management LLC acquired a new stake in Vanguard Real Estate ETF during the 2nd quarter worth about $2,586,000. Finally, NBH Bank purchased a new position in shares of Vanguard Real Estate ETF during the 2nd quarter valued at about $108,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $96.02 on Monday. The stock has a market cap of $38.05 billion, a PE ratio of 35.58 and a beta of 0.96. The business has a 50-day simple moving average of $98.23 and a 200-day simple moving average of $95.79. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.