Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Chesapeake Wealth Management

Chesapeake Wealth Management lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,410 shares of the exchange traded fund’s stock after selling 316 shares during the quarter. Chesapeake Wealth Management’s holdings in Vanguard Real Estate ETF were worth $788,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. ORG Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF in the second quarter worth $26,000. Pathway Financial Advisers LLC purchased a new position in Vanguard Real Estate ETF in the first quarter valued at about $28,000. Triad Wealth Partners LLC purchased a new position in Vanguard Real Estate ETF in the second quarter valued at about $28,000. Fortis Group Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 167 shares during the period. Finally, Addison Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 6,350.0% in the second 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 period.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $97.79 on Friday. The business’s 50-day simple moving average is $92.83 and its 200 day simple moving average is $86.70. The company has a market cap of $38.49 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a one year low of $70.61 and a one 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.