Perigon Wealth Management LLC Cuts Position in Vanguard Real Estate ETF $VNQ

Perigon Wealth Management LLC trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,943 shares of the exchange traded fund’s stock after selling 1,147 shares during the quarter. Perigon Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Vanguard Real Estate ETF by 59.4% in the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after buying an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Vanguard Real Estate ETF by 267.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 5,532 shares during the last quarter. Vident Advisory LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $235,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Vanguard Real Estate ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 341,756 shares of the exchange traded fund’s stock worth $30,444,000 after buying an additional 2,469 shares in the last quarter. Finally, Legacy Private Trust Co. acquired a new stake in Vanguard Real Estate ETF in the first quarter valued at $329,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Up 1.0%

Shares of NYSEARCA:VNQ opened at $91.02 on Friday. The company has a market capitalization of $34.12 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The stock’s fifty day simple moving average is $90.99 and its 200-day simple moving average is $89.43.

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.