Rise Advisors LLC Trims Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Rise Advisors LLC trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 31.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,401 shares of the exchange traded fund’s stock after selling 1,098 shares during the quarter. Rise Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VNQ. Dakota Wealth Management boosted its stake in Vanguard Real Estate ETF by 30.6% in the first quarter. Dakota Wealth Management now owns 4,012 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 939 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Vanguard Real Estate ETF by 115.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 85,152 shares of the exchange traded fund’s stock valued at $6,908,000 after purchasing an additional 45,662 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the 1st quarter valued at $1,133,000. Fort Henry Capital LLC raised its position in shares of Vanguard Real Estate ETF by 4.9% during the 1st quarter. Fort Henry Capital LLC now owns 123,224 shares of the exchange traded fund’s stock worth $10,233,000 after purchasing an additional 5,721 shares during the last quarter. Finally, River Street Advisors LLC boosted its stake in Vanguard Real Estate ETF by 5.7% during the 1st quarter. River Street Advisors LLC now owns 3,790 shares of the exchange traded fund’s stock worth $315,000 after purchasing an additional 205 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.4 %

NYSEARCA VNQ traded down $0.31 on Friday, reaching $81.81. 3,784,542 shares of the company were exchanged, compared to its average volume of 5,072,021. The stock has a market capitalization of $31.54 billion, a P/E ratio of 28.40 and a beta of 0.91. The business’s fifty day moving average price is $83.29 and its 200 day moving average price is $82.54. Vanguard Real Estate ETF has a fifty-two week low of $74.66 and a fifty-two week high of $94.53.

About Vanguard Real Estate ETF

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.