HighTower Advisors LLC Sells 22,637 Shares of Vanguard Real Estate ETF $VNQ

HighTower Advisors LLC trimmed its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 723,048 shares of the exchange traded fund’s stock after selling 22,637 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $63,982,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Lansing Street Advisors lifted its position in shares of Vanguard Real Estate ETF by 2.8% during the third quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock worth $364,000 after purchasing an additional 110 shares in the last quarter. Signaturefd LLC lifted its position in shares of Vanguard Real Estate ETF by 8.4% during the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 110 shares in the last quarter. Kovack Advisors Inc. lifted its position in shares of Vanguard Real Estate ETF by 0.9% during the third quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock worth $1,195,000 after purchasing an additional 112 shares in the last quarter. Nestegg Advisors Inc. lifted its position in shares of Vanguard Real Estate ETF by 0.9% during the fourth quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock worth $1,068,000 after purchasing an additional 112 shares in the last quarter. Finally, VERITY Wealth Advisors lifted its position in shares of Vanguard Real Estate ETF by 0.5% during the fourth quarter. VERITY Wealth Advisors now owns 24,712 shares of the exchange traded fund’s stock worth $2,187,000 after purchasing an additional 113 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 1.3%

Shares of VNQ stock opened at $96.49 on Thursday. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.37. The firm’s 50 day moving average is $93.15 and its 200-day moving average is $91.68. The firm has a market capitalization of $37.19 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00.

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.