Wedbush Securities Inc. Sells 31,689 Shares of Vanguard Real Estate ETF $VNQ

Wedbush Securities Inc. lowered its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 85.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,599 shares of the exchange traded fund’s stock after selling 31,689 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Real Estate ETF were worth $1,584,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Evelyn Partners Investment Management LLP acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $27,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at approximately $36,000. Finally, Tower View Wealth Management LLC grew its holdings in shares of Vanguard Real Estate ETF by 320.0% during the 1st quarter. Tower View Wealth Management LLC now owns 399 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 304 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $96.44 on Tuesday. The company has a 50 day simple moving average of $98.35 and a 200 day simple moving average of $95.73. The stock has a market cap of $38.21 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.80.

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.