HighTower Advisors LLC Lowers Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

HighTower Advisors LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 790,563 shares of the exchange traded fund’s stock after selling 5,773 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $70,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Endowment Wealth Management Inc. raised its stake in shares of Vanguard Real Estate ETF by 2.6% in the fourth quarter. Endowment Wealth Management Inc. now owns 12,529 shares of the exchange traded fund’s stock worth $1,116,000 after purchasing an additional 321 shares during the last quarter. Fairway Wealth LLC raised its stake in shares of Vanguard Real Estate ETF by 5.1% in the fourth quarter. Fairway Wealth LLC now owns 79,846 shares of the exchange traded fund’s stock worth $7,113,000 after purchasing an additional 3,887 shares during the last quarter. Avantax Planning Partners Inc. raised its stake in shares of Vanguard Real Estate ETF by 222.6% in the fourth quarter. Avantax Planning Partners Inc. now owns 8,456 shares of the exchange traded fund’s stock worth $753,000 after purchasing an additional 5,835 shares during the last quarter. Cushing Capital Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $560,000. Finally, Silver Oak Advisory Group Inc. increased its position in shares of Vanguard Real Estate ETF by 0.3% during the fourth quarter. Silver Oak Advisory Group Inc. now owns 70,615 shares of the exchange traded fund’s stock valued at $6,290,000 after acquiring an additional 219 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.3 %

Shares of VNQ opened at $90.18 on Thursday. The company has a market capitalization of $98.30 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. The stock has a 50 day moving average of $90.78 and a 200 day moving average of $93.55. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month 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.