Elk River Wealth Management LLC Lowers Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Elk River Wealth Management LLC cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,280 shares of the exchange traded fund’s stock after selling 1,731 shares during the quarter. Elk River Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $820,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VNQ. Eagle Bay Advisors LLC acquired a new position in Vanguard Real Estate ETF during the second quarter worth about $30,000. Buck Wealth Strategies LLC acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at $27,000. Capital Investment Counsel Inc purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth about $30,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth about $31,000. Finally, VitalStone Financial LLC purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter worth about $39,000.

Vanguard Real Estate ETF Stock Up 2.1 %

Shares of NYSEARCA:VNQ traded up $1.73 during midday trading on Wednesday, reaching $85.44. The company’s stock had a trading volume of 3,485,258 shares, compared to its average volume of 4,774,269. The business has a 50 day moving average price of $85.09 and a 200 day moving average price of $81.99. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $90.09. The firm has a market cap of $32.93 billion, a price-to-earnings ratio of 28.40 and a beta of 0.91.

Vanguard Real Estate ETF 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.