JMG Financial Group Ltd. Sells 5,350 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

JMG Financial Group Ltd. cut its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 229,208 shares of the exchange traded fund’s stock after selling 5,350 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 0.7% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 19th largest position. JMG Financial Group Ltd.’s holdings in Vanguard Real Estate ETF were worth $20,418,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Eastern Bank purchased a new position in shares of Vanguard Real Estate ETF in the 3rd quarter worth $26,000. Godsey & Gibb Inc. purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Finally, CKW Financial Group bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $27,000.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $92.55 on Friday. The stock has a 50 day moving average price of $90.07 and a 200-day moving average price of $93.42. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The stock has a market cap of $36.43 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.