Rathbones Group PLC Trims Holdings in Vanguard Real Estate ETF $VNQ

Rathbones Group PLC lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,976 shares of the exchange traded fund’s stock after selling 19,006 shares during the period. Rathbones Group PLC’s holdings in Vanguard Real Estate ETF were worth $7,431,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IMG Wealth Management Inc. purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Evermay Wealth Management LLC increased its holdings in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares during the period. Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $34,000. Pittenger & Anderson Inc. purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $36,000. Finally, Palisade Asset Management LLC purchased a new position in Vanguard Real Estate ETF during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $96.67 on Friday. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.37. The company has a market cap of $37.26 billion, a PE ratio of 35.58 and a beta of 1.00. The stock’s 50-day moving average is $93.21 and its 200 day moving average is $91.73.

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.