Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Cranbrook Wealth Management LLC

Cranbrook Wealth Management LLC lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,478 shares of the exchange traded fund’s stock after selling 390 shares during the period. Cranbrook Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $224,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VNQ. Tide Cove Capital Partners LLC increased its holdings in Vanguard Real Estate ETF by 0.8% in the first quarter. Tide Cove Capital Partners LLC now owns 85,470 shares of the exchange traded fund’s stock valued at $7,738,000 after buying an additional 684 shares in the last quarter. Magnus Financial Group LLC increased its stake in shares of Vanguard Real Estate ETF by 5.9% during the 1st quarter. Magnus Financial Group LLC now owns 13,626 shares of the exchange traded fund’s stock worth $1,234,000 after purchasing an additional 761 shares in the last quarter. AMI Investment Management Inc. increased its stake in shares of Vanguard Real Estate ETF by 3.7% during the 1st quarter. AMI Investment Management Inc. now owns 26,989 shares of the exchange traded fund’s stock worth $2,444,000 after purchasing an additional 954 shares in the last quarter. Retirement Planning Group LLC increased its stake in shares of Vanguard Real Estate ETF by 13.6% during the 1st quarter. Retirement Planning Group LLC now owns 41,261 shares of the exchange traded fund’s stock worth $3,736,000 after purchasing an additional 4,949 shares in the last quarter. Finally, Horizons Wealth Management increased its stake in shares of Vanguard Real Estate ETF by 3.2% during the 1st quarter. Horizons Wealth Management now owns 111,043 shares of the exchange traded fund’s stock worth $10,054,000 after purchasing an additional 3,397 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $89.87 on Friday. The firm has a 50 day simple moving average of $87.35 and a 200-day simple moving average of $90.13. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.58. The stock has a market cap of $95.26 billion, a price-to-earnings ratio of 32.63 and a beta of 1.02.

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.