Frontier Asset Management LLC Reduces Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Frontier Asset Management LLC lowered its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 26.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,190 shares of the exchange traded fund’s stock after selling 14,589 shares during the quarter. Vanguard Real Estate ETF accounts for about 1.2% of Frontier Asset Management LLC’s investment portfolio, making the stock its 25th largest position. Frontier Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $3,580,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VNQ. Van ECK Associates Corp purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $10,542,000. Proficio Capital Partners LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $1,349,000. Thrivent Financial for Lutherans lifted its holdings in shares of Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock worth $2,394,000 after buying an additional 1,670 shares in the last quarter. Platform Technology Partners lifted its holdings in shares of Vanguard Real Estate ETF by 17.7% in the fourth quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 678 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 3.4% in the third quarter. Principal Financial Group Inc. now owns 685,311 shares of the exchange traded fund’s stock worth $66,763,000 after buying an additional 22,471 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $92.42 on Friday. The company’s fifty day moving average is $90.66 and its 200 day moving average is $93.60. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The stock has a market capitalization of $100.74 billion, a PE ratio of 34.84 and a beta of 1.07.

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.