Wealthspire Advisors LLC Sells 239,620 Shares of Vanguard Real Estate ETF $VNQ

Wealthspire Advisors LLC trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 50.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 238,520 shares of the exchange traded fund’s stock after selling 239,620 shares during the period. Wealthspire Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $21,107,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VNQ. Brighton Jones LLC increased its position in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after acquiring an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 5,532 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Vanguard Real Estate ETF by 17.5% in the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 1,284 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 2,222 shares during the last quarter. Finally, State Street Corp increased its position in shares of Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after acquiring an additional 1,402,196 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $98.51 on Friday. The stock’s 50-day simple moving average is $95.26 and its 200 day simple moving average is $92.49. The company has a market cap of $37.97 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $98.86.

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.