Manchester Capital Management LLC Trims Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Manchester Capital Management LLC decreased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 10.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 71,987 shares of the exchange traded fund’s stock after selling 8,126 shares during the period. Vanguard Real Estate ETF makes up approximately 0.8% of Manchester Capital Management LLC’s investment portfolio, making the stock its 22nd biggest position. Manchester Capital Management LLC’s holdings in Vanguard Real Estate ETF were worth $6,518,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VNQ. Wealthfront Advisers LLC boosted its position in shares of Vanguard Real Estate ETF by 0.3% during the 1st quarter. Wealthfront Advisers LLC now owns 8,561,435 shares of the exchange traded fund’s stock valued at $775,152,000 after acquiring an additional 26,397 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Vanguard Real Estate ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock valued at $414,622,000 after acquiring an additional 227,202 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $299,211,000. Bank of New York Mellon Corp boosted its position in shares of Vanguard Real Estate ETF by 21.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,763,958 shares of the exchange traded fund’s stock valued at $250,249,000 after acquiring an additional 493,609 shares during the last quarter. Finally, Pure Financial Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 3.8% during the 1st quarter. Pure Financial Advisors LLC now owns 1,825,973 shares of the exchange traded fund’s stock valued at $165,324,000 after acquiring an additional 66,372 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 0.2%

Shares of VNQ opened at $88.92 on Friday. The company has a market cap of $33.58 billion, a PE ratio of 35.58 and a beta of 0.91. The stock has a 50-day moving average price of $89.84 and a 200-day moving average price of $89.57. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58.

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.