Envestnet Asset Management Inc. Sells 163,423 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Envestnet Asset Management Inc. cut its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,699,600 shares of the exchange traded fund’s stock after selling 163,423 shares during the period. Envestnet Asset Management Inc. owned approximately 0.69% of Vanguard Real Estate ETF worth $240,480,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $124,165,000. Brooklyn FI LLC lifted its holdings in shares of Vanguard Real Estate ETF by 6,345.2% in the 4th quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock worth $123,579,000 after purchasing an additional 1,288,137 shares in the last quarter. FIDELIS iM LLC grew its position in Vanguard Real Estate ETF by 879.7% in the 4th quarter. FIDELIS iM LLC now owns 801,855 shares of the exchange traded fund’s stock valued at $71,429,000 after purchasing an additional 720,010 shares during the period. US Bancorp DE increased its stake in Vanguard Real Estate ETF by 11.5% during the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after purchasing an additional 585,657 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its holdings in Vanguard Real Estate ETF by 685.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 445,162 shares of the exchange traded fund’s stock worth $39,655,000 after buying an additional 388,506 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $84.20 on Monday. The company has a 50-day moving average price of $91.22 and a 200-day moving average price of $92.79. The stock has a market capitalization of $91.78 billion, a P/E ratio of 32.61 and a beta of 1.00. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.