Wedbush Securities Inc. Sells 31,689 Shares of Vanguard Real Estate ETF $VNQ

Wedbush Securities Inc. cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 85.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,599 shares of the exchange traded fund’s stock after selling 31,689 shares during the period. Wedbush Securities Inc.’s holdings in Vanguard Real Estate ETF were worth $1,584,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of VNQ. State Street Corp grew its position in shares of Vanguard Real Estate ETF by 735.3% during the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after purchasing an additional 1,402,196 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of Vanguard Real Estate ETF by 97.2% in the second quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock valued at $197,740,000 after buying an additional 1,094,540 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Real Estate ETF by 9.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after buying an additional 1,033,999 shares in the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after buying an additional 736,312 shares in the last quarter. Finally, Caisse de depot et placement du Quebec increased its stake in Vanguard Real Estate ETF by 79.8% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,223,000 shares of the exchange traded fund’s stock worth $111,807,000 after acquiring an additional 542,700 shares during the period. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $96.44 on Tuesday. The stock has a market capitalization of $38.21 billion, a PE ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80. The business has a fifty day moving average price of $98.35 and a two-hundred day moving average price of $95.73.

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.