Shepherd Financial Partners LLC Lowers Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Shepherd Financial Partners LLC reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,715 shares of the exchange traded fund’s stock after selling 344 shares during the quarter. Vanguard Real Estate ETF comprises approximately 0.9% of Shepherd Financial Partners LLC’s holdings, making the stock its 19th largest position. Shepherd Financial Partners LLC’s holdings in Vanguard Real Estate ETF were worth $7,903,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new position in Vanguard Real Estate ETF during the third quarter valued at $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Howard Capital Management Group LLC bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth about $26,000. Finally, CKW Financial Group purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth about $27,000.

Vanguard Real Estate ETF Trading Down 0.3 %

Shares of Vanguard Real Estate ETF stock opened at $91.63 on Friday. The firm has a market cap of $36.06 billion, a PE ratio of 22.09 and a beta of 1.03. The stock has a 50 day moving average of $90.84 and a 200 day moving average of $93.29. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

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.