Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 19.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,189 shares of the exchange traded fund’s stock after selling 5,178 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Eastern Bank acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter worth $26,000. Howard Capital Management Group LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Finally, CKW Financial Group acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $27,000.

Vanguard Real Estate ETF Stock Up 1.3 %

VNQ stock opened at $90.75 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The firm’s 50-day simple moving average is $91.62 and its 200 day simple moving average is $93.24. The stock has a market cap of $35.72 billion, a PE ratio of 22.09 and a beta of 1.03.

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.