NewEdge Wealth LLC Lowers Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

NewEdge Wealth LLC decreased its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 25,350 shares of the exchange traded fund’s stock after selling 1,986 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $2,258,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Howard Capital Management Group LLC acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. CKW Financial Group acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $27,000. Finally, Laurel Wealth Advisors LLC raised its holdings in 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 during the period.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $93.90 on Friday. The business has a 50 day simple moving average of $90.26 and a two-hundred day simple moving average of $93.53. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The stock has a market capitalization of $102.35 billion, a P/E ratio of 34.84 and a beta of 1.07.

Vanguard Real Estate ETF Company 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.