Mercer Global Advisors Inc. ADV Sells 7,375 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Mercer Global Advisors Inc. ADV decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,923 shares of the exchange traded fund’s stock after selling 7,375 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Real Estate ETF were worth $5,941,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ORG Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter worth $26,000. Pathway Financial Advisers LLC purchased a new stake in Vanguard Real Estate ETF during the 1st quarter worth about $28,000. Triad Wealth Partners LLC bought a new position in Vanguard Real Estate ETF in the 2nd quarter worth about $28,000. Fortis Group Advisors LLC grew its holdings in Vanguard Real Estate ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 167 shares in the last quarter. Finally, Addison Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 6,350.0% during the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 381 shares during the period.

Vanguard Real Estate ETF Trading Down 0.4 %

Shares of Vanguard Real Estate ETF stock opened at $97.79 on Friday. The company’s 50-day moving average price is $92.83 and its 200-day moving average price is $86.70. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $99.58. The company has a market cap of $38.49 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.