Avion Wealth Has $8.66 Million Stock Position in Vanguard Real Estate ETF $VNQ

Avion Wealth reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 32.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 97,860 shares of the exchange traded fund’s stock after selling 46,651 shares during the period. Vanguard Real Estate ETF comprises 1.8% of Avion Wealth’s holdings, making the stock its 13th largest position. Avion Wealth’s holdings in Vanguard Real Estate ETF were worth $8,659,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Assetmark Inc. lifted its stake in Vanguard Real Estate ETF by 3.1% in the 4th quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock valued at $76,272,000 after purchasing an additional 26,059 shares during the last quarter. FIDELIS iM LLC lifted its stake in Vanguard Real Estate ETF by 137.5% in the 4th quarter. FIDELIS iM LLC now owns 91,216 shares of the exchange traded fund’s stock valued at $8,072,000 after purchasing an additional 52,807 shares during the last quarter. Financial Futures Ltd Liability Co. lifted its stake in Vanguard Real Estate ETF by 5.6% in the 4th quarter. Financial Futures Ltd Liability Co. now owns 69,736 shares of the exchange traded fund’s stock valued at $6,171,000 after purchasing an additional 3,721 shares during the last quarter. Axos Invest Inc. lifted its stake in Vanguard Real Estate ETF by 7.4% in the 4th quarter. Axos Invest Inc. now owns 28,374 shares of the exchange traded fund’s stock valued at $2,511,000 after purchasing an additional 1,949 shares during the last quarter. Finally, Hudson Oak Wealth Advisory LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at about $1,137,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $93.33 on Tuesday. Vanguard Real Estate ETF has a 52-week low of $83.97 and a 52-week high of $96.23. The company has a market capitalization of $35.98 billion, a P/E ratio of 35.58 and a beta of 1.02. The company has a 50-day simple moving average of $92.33 and a 200 day simple moving average of $90.81.

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.