Vanguard Real Estate ETF $VNQ Shares Sold by Kelleher Financial Advisors

Kelleher Financial Advisors lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 49.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,156 shares of the exchange traded fund’s stock after selling 7,856 shares during the quarter. Kelleher Financial Advisors’ holdings in Vanguard Real Estate ETF were worth $731,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brooklands Fund Management Ltd purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter worth $1,192,000. BOKF NA bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at $9,125,000. Citizens Financial Group Inc. RI bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at $43,317,000. Tectonic Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 4.4% in the 3rd quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock worth $22,017,000 after purchasing an additional 10,375 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after purchasing an additional 54,884 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $98.03 on Thursday. The firm’s 50 day moving average price is $93.01 and its 200-day moving average price is $94.63. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The company has a market cap of $39.32 billion, a PE ratio of 35.58 and a beta of 0.95.

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.