Sunpointe LLC Sells 1,273 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sunpointe LLC cut its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 25.7% in the 1st quarter, HoldingsChannel reports. The firm owned 3,679 shares of the exchange traded fund’s stock after selling 1,273 shares during the quarter. Sunpointe LLC’s holdings in Vanguard Real Estate ETF were worth $333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Caisse DE Depot ET Placement DU Quebec purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $299,211,000. Bank of New York Mellon Corp grew its position in shares of Vanguard Real Estate ETF by 21.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,763,958 shares of the exchange traded fund’s stock valued at $250,249,000 after acquiring an additional 493,609 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 235.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 409,447 shares of the exchange traded fund’s stock worth $37,071,000 after purchasing an additional 287,218 shares during the last quarter. Cohen & Steers Inc. raised its holdings in shares of Vanguard Real Estate ETF by 1,630.3% in the 4th quarter. Cohen & Steers Inc. now owns 298,535 shares of the exchange traded fund’s stock worth $26,566,000 after purchasing an additional 281,282 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its stake in Vanguard Real Estate ETF by 42.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 901,700 shares of the exchange traded fund’s stock valued at $80,323,000 after purchasing an additional 268,800 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Trading Up 0.0%

Shares of NYSEARCA VNQ opened at $91.73 on Monday. The firm has a market cap of $34.64 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.58. The stock has a fifty day simple moving average of $89.67 and a two-hundred day simple moving average of $89.48.

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.