Sheets Smith Wealth Management Has $338,000 Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sheets Smith Wealth Management trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 97.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 83 shares of the exchange traded fund’s stock after selling 3,932 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Real Estate ETF were worth $338,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. increased its position in shares of Vanguard Real Estate ETF by 120.3% in the first quarter. Ironwood Wealth Management LLC. now owns 3,790 shares of the exchange traded fund’s stock worth $411,000 after purchasing an additional 2,070 shares during the period. MAS Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 1.5% during the first quarter. MAS Advisors LLC now owns 88,453 shares of the exchange traded fund’s stock worth $9,704,000 after purchasing an additional 1,333 shares during the period. Cibc World Market Inc. raised its position in shares of Vanguard Real Estate ETF by 17.9% during the first quarter. Cibc World Market Inc. now owns 4,268 shares of the exchange traded fund’s stock worth $463,000 after purchasing an additional 648 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard Real Estate ETF by 6.9% during the first quarter. Vanguard Group Inc. now owns 250,514 shares of the exchange traded fund’s stock worth $27,148,000 after buying an additional 16,158 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in Vanguard Real Estate ETF by 20.0% in the 1st quarter. Brown Brothers Harriman & Co. now owns 1,500 shares of the exchange traded fund’s stock valued at $163,000 after purchasing an additional 250 shares during the period.

Vanguard Real Estate ETF Stock Down 0.4 %

NYSEARCA:VNQ opened at $81.58 on Monday. The stock has a market cap of $31.45 billion, a P/E ratio of 28.40 and a beta of 0.91. Vanguard Real Estate ETF has a twelve month low of $74.66 and a twelve month high of $96.92. The business’s 50-day moving average price is $83.51 and its two-hundred day moving average price is $82.62.

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.