Parallel Advisors LLC Has $7.74 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Parallel Advisors LLC lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,907 shares of the exchange traded fund’s stock after selling 191 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $7,742,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Howard Capital Management Group LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $27,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $37,000.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $90.17 on Monday. The firm has a market cap of $98.29 billion, a P/E ratio of 33.73 and a beta of 1.08. The firm has a 50 day simple moving average of $90.79 and a 200 day simple moving average of $93.46. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two 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.