Broadview Financial Management LLC Sells 495 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Broadview Financial Management LLC decreased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,251 shares of the exchange traded fund’s stock after selling 495 shares during the quarter. Vanguard Real Estate ETF accounts for about 1.8% of Broadview Financial Management LLC’s investment portfolio, making the stock its 15th biggest position. Broadview Financial Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,534,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. ORG Partners LLC bought a new stake in shares of Vanguard Real Estate ETF during the second quarter valued at approximately $26,000. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF during the first quarter valued at $28,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Real Estate ETF in the 2nd quarter valued at about $28,000. Fortis Group Advisors LLC grew its stake in shares of Vanguard Real Estate ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 167 shares during the period. Finally, Pineridge Advisors LLC bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $33,000.

Vanguard Real Estate ETF Trading Up 1.0 %

Shares of NYSEARCA VNQ traded up $0.91 during mid-day trading on Friday, reaching $95.13. 3,489,966 shares of the company’s stock were exchanged, compared to its average volume of 4,247,506. The business has a fifty day simple moving average of $89.00 and a 200 day simple moving average of $85.45. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $95.37. The firm has a market capitalization of $37.44 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.