Acropolis Investment Management LLC Cuts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Acropolis Investment Management LLC decreased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.7% during the first quarter, HoldingsChannel reports. The firm owned 9,166 shares of the exchange traded fund’s stock after selling 1,705 shares during the period. Acropolis Investment Management LLC’s holdings in Vanguard Real Estate ETF were worth $830,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Abound Wealth Management grew its position in shares of Vanguard Real Estate ETF by 2.4% in the 1st quarter. Abound Wealth Management now owns 44,496 shares of the exchange traded fund’s stock worth $4,029,000 after buying an additional 1,022 shares during the last quarter. North Star Investment Management Corp. grew its position in shares of Vanguard Real Estate ETF by 9.1% in the 1st quarter. North Star Investment Management Corp. now owns 11,560 shares of the exchange traded fund’s stock worth $1,047,000 after buying an additional 963 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of Vanguard Real Estate ETF by 52.7% in the 1st quarter. Exchange Traded Concepts LLC now owns 679,651 shares of the exchange traded fund’s stock worth $61,536,000 after buying an additional 234,489 shares during the last quarter. Newport Capital Group LLC grew its position in shares of Vanguard Real Estate ETF by 7.3% in the 1st quarter. Newport Capital Group LLC now owns 11,042 shares of the exchange traded fund’s stock worth $1,000,000 after buying an additional 755 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in shares of Vanguard Real Estate ETF by 2.5% in the 1st quarter. Sound Income Strategies LLC now owns 27,096 shares of the exchange traded fund’s stock worth $2,453,000 after buying an additional 667 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 1.0%

Shares of Vanguard Real Estate ETF stock opened at $89.83 on Monday. The firm’s 50 day moving average price is $87.87 and its 200-day moving average price is $89.80. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.58. The company has a market cap of $95.22 billion, a P/E ratio of 32.63 and a beta of 1.02.

Vanguard Real Estate ETF 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.