First Horizon Advisors Inc. Sells 7,232 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

First Horizon Advisors Inc. lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 20.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 28,448 shares of the exchange traded fund’s stock after selling 7,232 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $2,534,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Eastern Bank bought a new position in Vanguard Real Estate ETF during the third quarter worth $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Howard Capital Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Finally, CKW Financial Group acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth approximately $27,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $91.64 on Monday. The firm has a market cap of $36.07 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The business’s 50 day moving average price is $90.02 and its two-hundred day moving average price is $93.49.

Vanguard Real Estate ETF Profile

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.