Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Howard Financial Services LTD.

Howard Financial Services LTD. cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 6,069 shares of the exchange traded fund’s stock after selling 1,150 shares during the period. Howard Financial Services LTD.’s holdings in Vanguard Real Estate ETF were worth $507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Aspire Private Capital LLC acquired a new stake in Vanguard Real Estate ETF in the first quarter worth about $19,431,360,000. GW&K Investment Management LLC bought a new position in shares of Vanguard Real Estate ETF in the first quarter valued at $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter valued at $30,000. Silicon Valley Capital Partners purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $27,000. Finally, Resurgent Financial Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $38,000.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock traded down $0.30 during mid-day trading on Tuesday, hitting $80.78. The company’s stock had a trading volume of 917,757 shares, compared to its average volume of 5,037,512. The company has a market cap of $31.14 billion, a PE ratio of 28.40 and a beta of 0.91. The firm’s 50 day moving average is $83.25 and its 200 day moving average is $82.47. Vanguard Real Estate ETF has a 52-week low of $74.66 and a 52-week high of $94.53.

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.