Fairway Wealth LLC Sells 126,851 Shares of Vanguard Real Estate ETF $VNQ

Fairway Wealth LLC lowered its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 59.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 85,545 shares of the exchange traded fund’s stock after selling 126,851 shares during the quarter. Vanguard Real Estate ETF comprises 1.8% of Fairway Wealth LLC’s investment portfolio, making the stock its 18th largest holding. Fairway Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $7,588,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC boosted its position in Vanguard Real Estate ETF by 8.4% during the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 110 shares during the period. Nestegg Advisors Inc. raised its position in shares of Vanguard Real Estate ETF by 0.9% in the fourth quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 112 shares during the period. Opulen Financial Group LLC lifted its stake in shares of Vanguard Real Estate ETF by 2.2% during the 4th quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock valued at $470,000 after buying an additional 112 shares in the last quarter. VERITY Wealth Advisors lifted its stake in shares of Vanguard Real Estate ETF by 0.5% during the 4th quarter. VERITY Wealth Advisors now owns 24,712 shares of the exchange traded fund’s stock valued at $2,187,000 after buying an additional 113 shares in the last quarter. Finally, Evermay Wealth Management LLC lifted its stake in shares of Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 113 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Trading Down 0.5%

VNQ opened at $98.15 on Tuesday. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15. The company has a market cap of $37.83 billion, a PE ratio of 35.58 and a beta of 0.98. The company has a 50 day moving average of $96.29 and a 200 day moving average of $93.05.

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.