Investor s Fiduciary Advisor Network LLC Reduces Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Investor s Fiduciary Advisor Network LLC lessened its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,862 shares of the exchange traded fund’s stock after selling 139 shares during the quarter. Investor s Fiduciary Advisor Network LLC’s holdings in Vanguard Real Estate ETF were worth $349,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VNQ. Proficio Capital Partners LLC purchased a new stake in Vanguard Real Estate ETF in the fourth quarter worth $1,349,000. Thompson Siegel & Walmsley LLC lifted its stake in Vanguard Real Estate ETF by 22.4% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock worth $1,429,000 after acquiring an additional 2,936 shares during the period. Sowell Financial Services LLC lifted its stake in Vanguard Real Estate ETF by 3.9% in the first quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock worth $988,000 after acquiring an additional 413 shares during the period. Avantax Advisory Services Inc. lifted its stake in Vanguard Real Estate ETF by 2.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock worth $74,355,000 after acquiring an additional 17,599 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its stake in Vanguard Real Estate ETF by 4.4% in the first quarter. Oppenheimer Asset Management Inc. now owns 18,330 shares of the exchange traded fund’s stock worth $1,660,000 after acquiring an additional 765 shares during the period. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.1%

Shares of VNQ stock opened at $90.02 on Friday. The stock has a fifty day moving average of $89.24 and a 200 day moving average of $89.31. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.58. The firm has a market capitalization of $33.82 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.