Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 78.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,496 shares of the exchange traded fund’s stock after selling 37,932 shares during the period. Sowell Financial Services LLC’s holdings in Vanguard Real Estate ETF were worth $935,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Van ECK Associates Corp acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $10,542,000. Proficio Capital Partners LLC acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth $1,349,000. Thrivent Financial for Lutherans increased its holdings in Vanguard Real Estate ETF by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock worth $2,394,000 after purchasing an additional 1,670 shares during the period. Platform Technology Partners raised its position in Vanguard Real Estate ETF by 17.7% in the 4th quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock valued at $402,000 after purchasing an additional 678 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. boosted its stake in shares of Vanguard Real Estate ETF by 7.5% in the 3rd quarter. Transamerica Financial Advisors Inc. now owns 111,441 shares of the exchange traded fund’s stock valued at $10,857,000 after buying an additional 7,762 shares during the period.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $91.53 on Tuesday. The company’s 50 day moving average price is $90.73 and its 200 day moving average price is $93.60. The firm has a market capitalization of $99.77 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58.

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.