Aspen Investment Management Inc Sells 17,082 Shares of Vanguard Real Estate ETF $VNQ

Aspen Investment Management Inc lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 45.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,098 shares of the exchange traded fund’s stock after selling 17,082 shares during the period. Aspen Investment Management Inc’s holdings in Vanguard Real Estate ETF were worth $1,778,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Evermay Wealth Management LLC increased its stake in Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the last quarter. Laurel Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF in the 4th quarter worth about $34,000. Palisade Asset Management LLC bought a new position in Vanguard Real Estate ETF in the 3rd quarter worth about $36,000. Finally, Pittenger & Anderson Inc. bought a new position in Vanguard Real Estate ETF in the 4th quarter worth about $36,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 1.3%

Shares of Vanguard Real Estate ETF stock opened at $96.49 on Thursday. The firm has a market capitalization of $37.19 billion, a PE ratio of 35.58 and a beta of 1.00. The business’s 50-day moving average price is $93.15 and its 200-day moving average price is $91.68. Vanguard Real Estate ETF has a 12 month low of $86.36 and a 12 month high of $97.37.

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.