Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Position Decreased by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,972 shares of the exchange traded fund’s stock after selling 10,068 shares during the period. Vanguard Real Estate ETF makes up about 2.5% of Riverpoint Wealth Management Holdings LLC’s holdings, making the stock its 12th biggest position. Riverpoint Wealth Management Holdings LLC’s holdings in Vanguard Real Estate ETF were worth $9,128,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of VNQ. Mitchell Mcleod Pugh & Williams Inc. grew its holdings in shares of Vanguard Real Estate ETF by 4.0% during the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 22,774 shares of the exchange traded fund’s stock valued at $1,908,000 after buying an additional 870 shares in the last quarter. Summit Financial LLC boosted its holdings in shares of Vanguard Real Estate ETF by 69.0% during the second quarter. Summit Financial LLC now owns 8,257 shares of the exchange traded fund’s stock worth $700,000 after purchasing an additional 3,372 shares during the period. Palisades Hudson Asset Management L.P. grew its position in Vanguard Real Estate ETF by 5.4% during the second quarter. Palisades Hudson Asset Management L.P. now owns 14,718 shares of the exchange traded fund’s stock valued at $1,233,000 after purchasing an additional 755 shares in the last quarter. Bray Capital Advisors increased its stake in Vanguard Real Estate ETF by 6.9% in the 2nd quarter. Bray Capital Advisors now owns 5,426 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 349 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Vanguard Real Estate ETF by 1.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 97,049 shares of the exchange traded fund’s stock worth $8,052,000 after buying an additional 1,560 shares in the last quarter.

Vanguard Real Estate ETF Stock Up 1.0 %

Shares of Vanguard Real Estate ETF stock traded up $0.91 on Friday, hitting $95.13. 3,489,966 shares of the company traded hands, compared to its average volume of 4,247,506. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $95.37. The company has a market cap of $37.44 billion, a PE ratio of 22.09 and a beta of 1.03. The company has a 50-day moving average price of $89.00 and a 200 day moving average price of $85.45.

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.