Chesapeake Wealth Management Reduces Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Chesapeake Wealth Management reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,127 shares of the exchange traded fund’s stock after selling 283 shares during the period. Chesapeake Wealth Management’s holdings in Vanguard Real Estate ETF were worth $889,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth about $26,000. Eastern Bank acquired a new position in Vanguard Real Estate ETF in the third quarter valued at approximately $26,000. Pathway Financial Advisers LLC purchased a new position in Vanguard Real Estate ETF in the first quarter valued at approximately $28,000. Triad Wealth Partners LLC acquired a new stake in Vanguard Real Estate ETF during the second quarter worth approximately $28,000. Finally, Addison Advisors LLC lifted its position in shares of Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $94.46 on Tuesday. The firm’s fifty day moving average price is $96.05 and its 200 day moving average price is $90.26. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The company has a market capitalization of $37.18 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF 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.