Vanguard Real Estate ETF $VNQ Shares Sold by NerdWallet Wealth Partners LLC

NerdWallet Wealth Partners LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 52.9% during the 1st quarter, HoldingsChannel reports. The firm owned 7,901 shares of the exchange traded fund’s stock after selling 8,877 shares during the quarter. NerdWallet Wealth Partners LLC’s holdings in Vanguard Real Estate ETF were worth $701,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Evelyn Partners Investment Management LLP acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Resources Management Corp CT ADV purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000. Evermay Wealth Management LLC lifted its position in shares of Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $97.86 on Thursday. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $99.15. The company has a market capitalization of $38.78 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The firm’s fifty day moving average price is $96.70 and its 200 day moving average price is $93.76.

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.