Sound View Wealth Advisors Group LLC Sells 6,495 Shares of Vanguard Real Estate ETF $VNQ

Sound View Wealth Advisors Group LLC reduced its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 54.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,493 shares of the exchange traded fund’s stock after selling 6,495 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in Vanguard Real Estate ETF were worth $489,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Atlantic Union Bankshares Corp purchased a new position in Vanguard Real Estate ETF during the second quarter valued at $585,000. Cullen Frost Bankers Inc. increased its position in Vanguard Real Estate ETF by 365.3% in the second quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 1,052 shares in the last quarter. Kerntke Otto McGlone Wealth Management Group raised its stake in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock worth $1,059,000 after buying an additional 285 shares during the period. Sovereign Financial Group Inc. raised its stake in shares of Vanguard Real Estate ETF by 1.9% in the second quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after buying an additional 114 shares during the period. Finally, North Star Investment Management Corp. lifted its position in shares of Vanguard Real Estate ETF by 9.1% during the 2nd quarter. North Star Investment Management Corp. now owns 12,613 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 1,053 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Trading Up 1.6%

Shares of NYSEARCA:VNQ opened at $90.23 on Monday. The stock has a 50 day moving average of $90.96 and a 200 day moving average of $90.10. The company has a market cap of $34.04 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.20.

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.