Vanguard Real Estate ETF $VNQ Shares Sold by Midwest Trust Co

Midwest Trust Co cut its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 39.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 375,744 shares of the exchange traded fund’s stock after selling 248,450 shares during the quarter. Midwest Trust Co’s holdings in Vanguard Real Estate ETF were worth $33,328,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Resources Management Corp CT ADV acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth about $27,000. Evermay Wealth Management LLC raised its holdings in Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.2%

VNQ traded up $0.23 during trading on Friday, hitting $97.32. The company’s stock had a trading volume of 2,539,323 shares, compared to its average volume of 3,773,914. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The business’s fifty day simple moving average is $96.62 and its 200 day simple moving average is $93.53. The firm has a market capitalization of $38.56 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF Company 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.