Vanguard Real Estate ETF $VNQ Position Decreased by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 67.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 9,957 shares of the exchange traded fund’s stock after selling 20,899 shares during the period. Baker Ellis Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $892,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Real Estate ETF by 0.3% during the first quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock valued at $893,225,000 after acquiring an additional 30,853 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Real Estate ETF by 27.3% in the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after purchasing an additional 736,312 shares during the last quarter. Cetera Investment Advisers boosted its position in Vanguard Real Estate ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock valued at $209,588,000 after buying an additional 278,151 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after buying an additional 54,884 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of Vanguard Real Estate ETF by 11.6% in the 1st quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock valued at $148,811,000 after acquiring an additional 174,384 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock traded down $0.79 during trading on Wednesday, hitting $90.35. 4,852,757 shares of the company’s stock were exchanged, compared to its average volume of 3,680,271. The stock has a market capitalization of $36.24 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. The business has a 50-day simple moving average of $94.66 and a 200-day simple moving average of $95.56. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.