Sequoia Financial Advisors LLC Has $34.97 Million Holdings in Vanguard Real Estate ETF $VNQ

Sequoia Financial Advisors LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 392,598 shares of the exchange traded fund’s stock after selling 16,849 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $34,965,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VNQ. Reyes Financial Architecture Inc. raised its holdings in shares of Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter valued at $40,000. Anderson Financial Strategies LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter valued at $41,000. Olistico Wealth LLC acquired a new stake in Vanguard Real Estate ETF during the 1st quarter valued at $44,000. Finally, CX Institutional increased its holdings in Vanguard Real Estate ETF by 133.6% during the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 282 shares in the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $88.13 on Monday. The business has a fifty day moving average price of $90.92 and a 200 day moving average price of $89.41. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20. The stock has a market capitalization of $33.25 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91.

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.