Lee Danner & Bass Inc. Lowers Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Lee Danner & Bass Inc. reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,536 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Lee Danner & Bass Inc.’s holdings in Vanguard Real Estate ETF were worth $224,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Armbruster Capital Management Inc. lifted its stake in shares of Vanguard Real Estate ETF by 2.5% during the 4th quarter. Armbruster Capital Management Inc. now owns 19,667 shares of the exchange traded fund’s stock worth $1,738,000 after purchasing an additional 475 shares during the last quarter. Telemus Capital LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $699,000. MCF Advisors LLC lifted its stake in shares of Vanguard Real Estate ETF by 11.3% during the 4th quarter. MCF Advisors LLC now owns 1,594 shares of the exchange traded fund’s stock worth $141,000 after purchasing an additional 162 shares during the last quarter. Cetera Trust Company N.A purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $40,000. Finally, Smith & Howard Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $229,000.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $79.70 on Tuesday. The stock has a 50-day moving average of $84.34 and a two-hundred day moving average of $82.65. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $90.09. The stock has a market cap of $31.37 billion, a PE ratio of 22.27 and a beta of 1.05.

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.