Cherry Tree Wealth Management LLC Sells 517 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cherry Tree Wealth Management LLC lessened its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 50,220 shares of the exchange traded fund’s stock after selling 517 shares during the period. Vanguard Real Estate ETF makes up about 1.2% of Cherry Tree Wealth Management LLC’s holdings, making the stock its 26th largest position. Cherry Tree Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,437,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC raised its holdings in shares of Vanguard Real Estate ETF by 601.6% in the 4th quarter. Cerity Partners LLC now owns 4,364,788 shares of the exchange traded fund’s stock worth $385,673,000 after acquiring an additional 3,742,702 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in Vanguard Real Estate ETF during the third quarter worth $274,634,000. JPMorgan Chase & Co. raised its position in Vanguard Real Estate ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after buying an additional 1,955,619 shares during the last quarter. Kepos Capital LP bought a new position in Vanguard Real Estate ETF during the 3rd quarter valued at $107,763,000. Finally, Exchange Traded Concepts LLC grew its stake in shares of Vanguard Real Estate ETF by 3,938.4% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,188,777 shares of the exchange traded fund’s stock worth $105,040,000 after acquiring an additional 1,159,340 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock traded down $0.70 during mid-day trading on Wednesday, hitting $81.44. 4,129,689 shares of the stock were exchanged, compared to its average volume of 4,863,731. The company has a market capitalization of $32.05 billion, a P/E ratio of 22.09 and a beta of 1.03. The company has a 50-day simple moving average of $83.56 and a 200 day simple moving average of $83.09. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $90.09.

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.