Citigroup Inc. Sells 304,851 Shares of Vanguard Real Estate ETF $VNQ

Citigroup Inc. cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 28.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 759,230 shares of the exchange traded fund’s stock after selling 304,851 shares during the period. Citigroup Inc. owned approximately 0.20% of Vanguard Real Estate ETF worth $69,409,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Hantz Financial Services Inc. raised its position in shares of Vanguard Real Estate ETF by 123.6% during the second quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 173 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Vanguard Real Estate ETF during the second quarter valued at about $33,000. Thompson Investment Management Inc. acquired a new position in Vanguard Real Estate ETF in the 3rd quarter valued at approximately $45,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter worth approximately $47,000. Finally, Corsicana & Co. acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $47,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 0.0%

Shares of NYSEARCA VNQ opened at $94.89 on Tuesday. The business has a fifty day simple moving average of $90.79 and a 200 day simple moving average of $90.63. The firm has a market capitalization of $36.34 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $95.64.

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.