Vanguard Real Estate ETF $VNQ Stock Position Decreased by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,643 shares of the exchange traded fund’s stock after selling 1,855 shares during the quarter. Vanguard Real Estate ETF accounts for 2.3% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 12th largest holding. Riverpoint Wealth Management Holdings LLC’s holdings in Vanguard Real Estate ETF were worth $9,765,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Reyes Financial Architecture Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at $40,000. Anderson Financial Strategies LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at $41,000. Olistico Wealth LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at $44,000. Finally, CX Institutional lifted its holdings in shares of Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 282 shares in the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Down 1.3%

VNQ opened at $88.13 on Monday. The stock has a fifty day moving average of $90.92 and a 200-day moving average of $89.41. The firm has a market capitalization of $33.25 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month 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.