REDW Wealth LLC Sells 9,753 Shares of Vanguard Real Estate ETF $VNQ

REDW Wealth LLC decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,209 shares of the exchange traded fund’s stock after selling 9,753 shares during the quarter. Vanguard Real Estate ETF comprises approximately 1.9% of REDW Wealth LLC’s portfolio, making the stock its 13th biggest position. REDW Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $4,956,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its position in shares of Vanguard Real Estate ETF by 4.2% in the 2nd quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock worth $1,285,684,000 after purchasing an additional 577,515 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Real Estate ETF by 6.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock valued at $900,680,000 after buying an additional 570,141 shares during the period. Wealthfront Advisers LLC raised its stake in Vanguard Real Estate ETF by 2.5% in the second quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after buying an additional 216,763 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 8,739.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock worth $509,221,000 after buying an additional 5,653,040 shares during the period. Finally, Prudential Financial Inc. boosted its position in Vanguard Real Estate ETF by 2.0% during the 2nd quarter. Prudential Financial Inc. now owns 4,256,152 shares of the exchange traded fund’s stock valued at $379,053,000 after acquiring an additional 82,520 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $90.54 on Monday. The company has a market capitalization of $34.67 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The business’s 50 day moving average price is $89.65 and its two-hundred day moving average price is $90.31. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $94.95.

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.