Avalon Trust Co Lowers Stock Holdings in Vanguard Real Estate ETF $VNQ

Avalon Trust Co reduced its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,950 shares of the exchange traded fund’s stock after selling 576 shares during the quarter. Avalon Trust Co’s holdings in Vanguard Real Estate ETF were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VNQ. Hantz Financial Services Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 123.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 173 shares during the period. Cohalo Advisory LLC acquired a new position in Vanguard Real Estate ETF during the second quarter worth approximately $29,000. Reyes Financial Architecture Inc. increased its position in Vanguard Real Estate ETF by 405.5% during the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 296 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Vanguard Real Estate ETF during the second quarter worth approximately $33,000. Finally, Aberdeen Wealth Management LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at $40,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Down 0.7%

Shares of NYSEARCA VNQ opened at $90.51 on Thursday. The stock has a market capitalization of $34.14 billion, a PE ratio of 35.58 and a beta of 1.03. The firm has a fifty day moving average of $90.92 and a 200-day moving average of $90.16. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20.

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.