Tide Cove Capital Partners LLC Sells 12,107 Shares of Vanguard Real Estate ETF $VNQ

Tide Cove Capital Partners LLC trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,649 shares of the exchange traded fund’s stock after selling 12,107 shares during the period. Vanguard Real Estate ETF makes up approximately 4.2% of Tide Cove Capital Partners LLC’s investment portfolio, making the stock its 8th largest position. Tide Cove Capital Partners LLC’s holdings in Vanguard Real Estate ETF were worth $7,857,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Evelyn Partners Investment Management LLP acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth $26,000. Resources Management Corp CT ADV acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth $27,000. Evermay Wealth Management LLC raised its holdings in shares of 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 worth $32,000 after buying an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $34,000. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $98.02 on Monday. The stock’s 50-day simple moving average is $96.41 and its 200 day simple moving average is $93.27. The firm has a market capitalization of $37.96 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15.

Vanguard Real Estate ETF Company 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.