Narwhal Capital Management Reduces Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Narwhal Capital Management trimmed its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,812 shares of the exchange traded fund’s stock after selling 10,183 shares during the quarter. Narwhal Capital Management’s holdings in Vanguard Real Estate ETF were worth $3,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eastern Bank purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter worth about $26,000. Godsey & Gibb Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Howard Capital Management Group LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 73.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 163 shares during the period.

Vanguard Real Estate ETF Stock Up 0.3 %

Shares of Vanguard Real Estate ETF stock opened at $90.71 on Monday. The company has a market cap of $35.70 billion, a PE ratio of 22.09 and a beta of 1.03. The business has a 50 day moving average of $91.86 and a 200 day moving average of $93.14. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58.

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.