D.A. Davidson & CO. Sells 96,007 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

D.A. Davidson & CO. lessened its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 67.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,383 shares of the exchange traded fund’s stock after selling 96,007 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Real Estate ETF were worth $4,616,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Vanguard Real Estate ETF by 9.7% during the first quarter. Vanguard Group Inc. now owns 23,026 shares of the exchange traded fund’s stock valued at $1,991,000 after buying an additional 2,031 shares during the period. Price T Rowe Associates Inc. MD purchased a new position in Vanguard Real Estate ETF during the first quarter valued at approximately $787,000. Jane Street Group LLC purchased a new position in Vanguard Real Estate ETF during the first quarter valued at approximately $8,230,000. Cetera Advisors LLC increased its holdings in Vanguard Real Estate ETF by 201.0% during the first quarter. Cetera Advisors LLC now owns 186,176 shares of the exchange traded fund’s stock valued at $16,100,000 after buying an additional 124,321 shares during the period. Finally, Verity Asset Management Inc. increased its holdings in Vanguard Real Estate ETF by 14.5% during the first quarter. Verity Asset Management Inc. now owns 3,506 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 443 shares during the period.

Vanguard Real Estate ETF Stock Up 0.6 %

Shares of VNQ stock opened at $98.60 on Friday. The firm has a market cap of $38.81 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The company’s 50 day moving average is $95.85 and its 200 day moving average is $90.97. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58.

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.