Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH decreased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 25.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,024 shares of the exchange traded fund’s stock after selling 4,100 shares during the quarter. Allianz Asset Management GmbH’s holdings in Vanguard Real Estate ETF were worth $1,089,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Nemes Rush Group LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Copia Wealth Management purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Olistico Wealth LLC purchased a new position in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $44,000. Minot DeBlois Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at $46,000. Finally, Mpwm Advisory Solutions LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $48,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $89.14 on Friday. The company has a market cap of $33.42 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.58. The business’s fifty day moving average is $89.81 and its two-hundred day moving average is $89.55.

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.