Neumann Capital Management LLC Decreases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Neumann Capital Management LLC decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.1% in the fourth quarter, HoldingsChannel reports. The firm owned 65,503 shares of the exchange traded fund’s stock after selling 2,092 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 1.9% of Neumann Capital Management LLC’s investment portfolio, making the stock its 12th largest holding. Neumann Capital Management LLC’s holdings in Vanguard Real Estate ETF were worth $5,835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Eastern Bank purchased a new position in Vanguard Real Estate ETF in the 3rd quarter worth about $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Finally, Laurel Wealth Advisors LLC increased its holdings in Vanguard Real Estate ETF by 73.1% during the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares during the period.

Vanguard Real Estate ETF Stock Up 0.7 %

Shares of NYSEARCA VNQ opened at $90.40 on Friday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The business has a fifty day simple moving average of $91.99 and a two-hundred day simple moving average of $93.04. The firm has a market cap of $35.58 billion, a PE ratio of 22.09 and a beta of 1.03.

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.