TCI Wealth Advisors Inc. Sells 11,106 Shares of Vanguard Real Estate ETF $VNQ

TCI Wealth Advisors Inc. lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 54.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,376 shares of the exchange traded fund’s stock after selling 11,106 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $832,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Evelyn Partners Investment Management LLP bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth about $26,000. Resources Management Corp CT ADV acquired a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Evermay Wealth Management LLC lifted its holdings in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $34,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $98.02 on Friday. The stock has a 50 day simple moving average of $96.41 and a 200 day simple moving average of $93.24. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $99.15. The firm has a market capitalization of $37.96 billion, a PE ratio of 35.58 and a beta of 0.98.

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.