Tanglewood Wealth Management Inc. Sells 12,010 Shares of Vanguard Real Estate ETF $VNQ

Tanglewood Wealth Management Inc. cut its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.6% during the second quarter, Holdings Channel.com reports. The fund owned 201,578 shares of the exchange traded fund’s stock after selling 12,010 shares during the period. Vanguard Real Estate ETF accounts for approximately 1.8% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 16th largest position. Tanglewood Wealth Management Inc.’s holdings in Vanguard Real Estate ETF were worth $17,953,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of VNQ. Reyes Financial Architecture Inc. raised its holdings in Vanguard Real Estate ETF by 405.5% during the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 296 shares during the period. Aberdeen Wealth Management LLC bought a new stake in Vanguard Real Estate ETF during the first quarter valued at about $40,000. Anderson Financial Strategies LLC bought a new stake in Vanguard Real Estate ETF during the first quarter valued at about $41,000. Olistico Wealth LLC bought a new stake in Vanguard Real Estate ETF during the first quarter valued at about $44,000. Finally, CX Institutional raised its holdings in Vanguard Real Estate ETF by 133.6% during the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 282 shares during the period. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Up 0.4%

NYSEARCA:VNQ opened at $91.42 on Friday. The business’s 50-day simple moving average is $90.96 and its two-hundred day simple moving average is $89.46. The stock has a market cap of $34.23 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.20.

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.