Bear Mountain Capital Inc. Sells 6,629 Shares of Vanguard Real Estate ETF $VNQ

Bear Mountain Capital Inc. trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,038 shares of the exchange traded fund’s stock after selling 6,629 shares during the quarter. Vanguard Real Estate ETF comprises 3.1% of Bear Mountain Capital Inc.’s portfolio, making the stock its 10th biggest holding. Bear Mountain Capital Inc.’s holdings in Vanguard Real Estate ETF were worth $8,638,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of VNQ. Allspring Global Investments Holdings LLC grew its position in shares of Vanguard Real Estate ETF by 65.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock valued at $2,018,000 after purchasing an additional 8,816 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Vanguard Real Estate ETF by 27.8% in the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 119 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Vanguard Real Estate ETF by 100.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 1,000 shares during the last quarter. Sowell Financial Services LLC grew its position in shares of 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 valued at $988,000 after purchasing an additional 413 shares during the last quarter. Finally, Kerntke Otto McGlone Wealth Management Group grew its position in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after purchasing an additional 285 shares during the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $90.23 on Wednesday. The company has a market cap of $33.79 billion, a P/E ratio of 35.58 and a beta of 0.91. The stock’s 50-day moving average is $90.94 and its 200-day moving average is $89.44. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20.

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.