Western Wealth Management LLC Sells 1,300 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Western Wealth Management LLC lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 16.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,707 shares of the exchange traded fund’s stock after selling 1,300 shares during the period. Western Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $562,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its stake in Vanguard Real Estate ETF by 87.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after purchasing an additional 4,547,415 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Vanguard Real Estate ETF by 59.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,887,119 shares of the exchange traded fund’s stock worth $166,746,000 after purchasing an additional 705,607 shares in the last quarter. Beacon Capital Management Inc. boosted its stake in Vanguard Real Estate ETF by 223.8% in the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after purchasing an additional 1,283,964 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University bought a new position in Vanguard Real Estate ETF in the 4th quarter worth about $150,204,000. Finally, Pure Financial Advisors LLC boosted its stake in Vanguard Real Estate ETF by 7.3% in the 2nd quarter. Pure Financial Advisors LLC now owns 1,583,615 shares of the exchange traded fund’s stock worth $132,644,000 after purchasing an additional 107,519 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $92.09 on Tuesday. The stock has a market capitalization of $36.25 billion, a P/E ratio of 22.09 and a beta of 1.03. The company’s 50-day simple moving average is $87.17 and its two-hundred day simple moving average is $84.82. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $92.13.

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.