Vanguard Real Estate ETF $VNQ Position Cut by Independent Wealth Network Inc.

Independent Wealth Network Inc. decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 60.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,645 shares of the exchange traded fund’s stock after selling 7,001 shares during the quarter. Independent Wealth Network Inc.’s holdings in Vanguard Real Estate ETF were worth $412,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of VNQ. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Evelyn Partners Investment Management LLP acquired a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Resources Management Corp CT ADV bought a new position in Vanguard Real Estate ETF in the 4th quarter worth about $27,000. Evermay Wealth Management LLC grew its position in Vanguard Real Estate ETF by 46.5% in the 4th 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 last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $34,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 1.5%

VNQ opened at $98.67 on Friday. The business’s 50 day moving average is $96.23 and its 200-day moving average is $92.95. The stock has a market cap of $38.04 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15.

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.