Sequoia Financial Advisors LLC Has $9.99 Million Stake in Vanguard Real Estate ETF $VNQ

Sequoia Financial Advisors LLC decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,610 shares of the exchange traded fund’s stock after selling 9,010 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $9,991,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VNQ. Worth Asset Management LLC acquired a new position in Vanguard Real Estate ETF during the first quarter worth $751,000. IF Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $3,715,000. Keewaydin Investments LLC bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $6,235,000. Berkeley Capital Partners LLC increased its position in shares of Vanguard Real Estate ETF by 564.2% during the fourth quarter. Berkeley Capital Partners LLC now owns 26,437 shares of the exchange traded fund’s stock valued at $2,339,000 after acquiring an additional 22,457 shares during the last quarter. Finally, Evoke Wealth LLC boosted its position in Vanguard Real Estate ETF by 47.8% in the fourth quarter. Evoke Wealth LLC now owns 138,211 shares of the exchange traded fund’s stock worth $12,230,000 after purchasing an additional 44,687 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $94.12 on Friday. The company has a market capitalization of $37.29 billion, a PE ratio of 35.58 and a beta of 0.96. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.80. The business has a fifty day moving average price of $98.07 and a two-hundred day moving average price of $95.80.

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.