Pettinga Financial Advisors LLC Sells 7,388 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pettinga Financial Advisors LLC trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 38.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,672 shares of the exchange traded fund’s stock after selling 7,388 shares during the period. Pettinga Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,009,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth about $27,000. Fortis Group Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 167 shares in the last quarter. Halpern Financial Inc. bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $33,000. Pineridge Advisors LLC bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $33,000. Finally, ORG Partners LLC lifted its holdings in Vanguard Real Estate ETF by 105.8% during the 4th quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 201 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $83.85 on Monday. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $90.09. The firm has a market cap of $33.00 billion, a P/E ratio of 22.09 and a beta of 1.03. The firm has a 50-day simple moving average of $82.69 and a 200-day simple moving average of $84.41.

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.