Hardy Reed LLC Has $6.96 Million Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Hardy Reed LLC decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 71,426 shares of the exchange traded fund’s stock after selling 949 shares during the period. Vanguard Real Estate ETF comprises about 0.6% of Hardy Reed LLC’s investment portfolio, making the stock its 23rd biggest holding. Hardy Reed LLC’s holdings in Vanguard Real Estate ETF were worth $6,958,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in Vanguard Real Estate ETF during the second quarter valued at $26,000. Eastern Bank acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $26,000. Pathway Financial Advisers LLC acquired a new stake in Vanguard Real Estate ETF during the first quarter valued at $28,000. Triad Wealth Partners LLC purchased a new position in Vanguard Real Estate ETF in the second quarter valued at about $28,000. Finally, Addison Advisors LLC increased its position in Vanguard Real Estate ETF by 6,350.0% in the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $97.97 on Wednesday. The firm has a market cap of $38.56 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock has a 50-day simple moving average of $95.83 and a 200-day simple moving average of $90.86. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58.

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.