Endowment Wealth Management Inc. Trims Stock Holdings in Vanguard Real Estate ETF $VNQ

Endowment Wealth Management Inc. decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,788 shares of the exchange traded fund’s stock after selling 309 shares during the period. Endowment Wealth Management Inc.’s holdings in Vanguard Real Estate ETF were worth $1,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in Vanguard Real Estate ETF by 65.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock worth $2,018,000 after acquiring an additional 8,816 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Vanguard Real Estate ETF by 100.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,000 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Vanguard Real Estate ETF by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 119 shares during the last quarter. Sowell Financial Services LLC raised its stake in shares of Vanguard Real Estate ETF by 3.9% during the 1st quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 413 shares during the last quarter. Finally, Kerntke Otto McGlone Wealth Management Group raised its stake in shares of Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after buying an additional 285 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $88.13 on Monday. The stock has a 50-day simple moving average of $90.92 and a two-hundred day simple moving average of $89.41. The firm has a market capitalization of $33.25 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20.

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.