Narwhal Capital Management Sells 10,183 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Narwhal Capital Management lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,812 shares of the exchange traded fund’s stock after selling 10,183 shares during the period. Narwhal Capital Management’s holdings in Vanguard Real Estate ETF were worth $3,279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eastern Bank purchased a new position in Vanguard Real Estate ETF during the 3rd quarter valued at about $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Howard Capital Management Group LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Finally, Laurel Wealth Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $90.71 on Monday. The business has a fifty day moving average price of $91.86 and a 200-day moving average price of $93.14. The company has a market capitalization of $35.70 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

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.