Abich Financial Wealth Management LLC Trims Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Abich Financial Wealth Management LLC lessened its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 56.4% in the second quarter, HoldingsChannel reports. The firm owned 869 shares of the exchange traded fund’s stock after selling 1,126 shares during the quarter. Abich Financial Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $73,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VNQ. ORG Partners LLC bought a new position in Vanguard Real Estate ETF in the second quarter worth $26,000. Pathway Financial Advisers LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 1st quarter worth about $28,000. Triad Wealth Partners LLC bought a new position in shares of Vanguard Real Estate ETF in the 2nd quarter worth about $28,000. Fortis Group Advisors LLC lifted its position 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 acquiring an additional 167 shares during the period. Finally, Addison Advisors LLC lifted its position in Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 381 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $98.90 on Wednesday. The firm’s 50-day simple moving average is $93.24 and its two-hundred day simple moving average is $86.87. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58. The stock has a market cap of $38.93 billion, a PE ratio of 22.09 and a beta of 1.03.

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.