AE Wealth Management LLC Reduces Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

AE Wealth Management LLC reduced its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 22.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,554 shares of the exchange traded fund’s stock after selling 9,639 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,727,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Vanguard Real Estate ETF during the 2nd quarter valued at approximately $26,000. Pathway Financial Advisers LLC purchased a new position in Vanguard Real Estate ETF during the first quarter valued at approximately $28,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Real Estate ETF in the second quarter worth approximately $28,000. Fortis Group Advisors LLC increased its stake 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 purchasing an additional 167 shares in the last quarter. Finally, Addison Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 381 shares during the period.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $97.79 on Monday. The stock has a market cap of $38.49 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The firm’s fifty day moving average is $92.83 and its 200 day moving average is $86.71. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58.

About Vanguard Real Estate ETF

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.