TCP Asset Management LLC Sells 85,064 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

TCP Asset Management LLC trimmed its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 96.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,993 shares of the exchange traded fund’s stock after selling 85,064 shares during the quarter. TCP Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $267,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VNQ. Fund Evaluation Group LLC grew its stake in Vanguard Real Estate ETF by 3.4% during the second quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock worth $1,356,000 after buying an additional 526 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in shares of Vanguard Real Estate ETF by 1.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 156,586 shares of the exchange traded fund’s stock worth $13,116,000 after acquiring an additional 2,824 shares in the last quarter. Balanced Wealth Group LLC increased its stake in Vanguard Real Estate ETF by 5.5% in the second quarter. Balanced Wealth Group LLC now owns 273,526 shares of the exchange traded fund’s stock valued at $22,911,000 after acquiring an additional 14,180 shares during the last quarter. TPG Advisors LLC acquired a new position in Vanguard Real Estate ETF during the second quarter valued at approximately $808,000. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its stake in Vanguard Real Estate ETF by 1.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 32,140 shares of the exchange traded fund’s stock worth $2,695,000 after purchasing an additional 435 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $89.65 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The stock’s fifty day moving average price is $92.25 and its two-hundred day moving average price is $92.83. The company has a market cap of $35.29 billion, a PE 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.