Modera Wealth Management LLC Reduces Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Modera Wealth Management LLC trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,649 shares of the exchange traded fund’s stock after selling 2,355 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $12,144,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VNQ. Consolidated Portfolio Review Corp boosted its stake in Vanguard Real Estate ETF by 5.9% during the third quarter. Consolidated Portfolio Review Corp now owns 21,335 shares of the exchange traded fund’s stock worth $2,078,000 after buying an additional 1,197 shares during the last quarter. Horizon Bancorp Inc. IN raised its holdings in shares of Vanguard Real Estate ETF by 1,660.0% during the 3rd quarter. Horizon Bancorp Inc. IN now owns 31,786 shares of the exchange traded fund’s stock worth $3,097,000 after acquiring an additional 29,980 shares during the period. Arkadios Wealth Advisors boosted its position in shares of Vanguard Real Estate ETF by 10.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 16,209 shares of the exchange traded fund’s stock valued at $1,579,000 after acquiring an additional 1,477 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at about $97,000. Finally, Outlook Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the third quarter worth about $226,000.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $95.74 on Friday. The company has a market capitalization of $37.68 billion, a PE ratio of 22.09 and a beta of 1.03. The firm’s 50-day moving average is $95.96 and its two-hundred day moving average is $88.59. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $99.58.

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.