Fifth Third Wealth Advisors LLC Sells 5,899 Shares of Vanguard Real Estate ETF $VNQ

Fifth Third Wealth Advisors LLC lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 42.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 7,979 shares of the exchange traded fund’s stock after selling 5,899 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $708,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VNQ. IMG Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Evelyn Partners Investment Management LLP bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Resources Management Corp CT ADV purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Evermay Wealth Management LLC boosted its holdings in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 1.5%

Shares of Vanguard Real Estate ETF stock opened at $98.67 on Friday. The stock’s fifty day moving average is $96.23 and its two-hundred day moving average is $92.95. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The company has a market capitalization of $38.04 billion, a PE ratio of 35.58 and a beta of 0.98.

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.