Sheets Smith Wealth Management Sells 513 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sheets Smith Wealth Management cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,963 shares of the exchange traded fund’s stock after selling 513 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Real Estate ETF were worth $264,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VNQ. State of New Jersey Common Pension Fund D increased its holdings in Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock worth $446,718,000 after buying an additional 3,774,000 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Vanguard Real Estate ETF by 17,050.2% in the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock worth $348,272,000 after buying an additional 3,554,112 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Vanguard Real Estate ETF in the 3rd quarter worth about $209,453,000. Victory Capital Management Inc. increased its holdings in Vanguard Real Estate ETF by 834.9% in the 3rd quarter. Victory Capital Management Inc. now owns 925,603 shares of the exchange traded fund’s stock worth $90,172,000 after buying an additional 826,601 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Real Estate ETF by 7.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after buying an additional 523,467 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $89.74 on Thursday. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The stock has a 50-day moving average of $92.08 and a 200 day moving average of $93.07. The company has a market capitalization of $35.32 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.