Vanguard Real Estate ETF $VNQ is SVRN Asset Management LLC’s 9th Largest Position

SVRN Asset Management LLC reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 11.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,234 shares of the exchange traded fund’s stock after selling 6,258 shares during the quarter. Vanguard Real Estate ETF makes up approximately 2.3% of SVRN Asset Management LLC’s portfolio, making the stock its 9th biggest position. SVRN Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,555,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. IMG Wealth Management Inc. acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Resources Management Corp CT ADV acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $27,000. Palisade Asset Management LLC purchased a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $36,000. Finally, Tower View Wealth Management LLC boosted its position in Vanguard Real Estate ETF by 320.0% in the 1st quarter. Tower View Wealth Management LLC now owns 399 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 304 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.7%

NYSEARCA:VNQ opened at $96.02 on Friday. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $101.80. The company has a fifty day simple moving average of $98.23 and a two-hundred day simple moving average of $95.78. The company has a market cap of $38.05 billion, a price-to-earnings ratio of 35.58 and a beta of 0.96.

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.