Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Position Lowered by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.0% during the 4th quarter, HoldingsChannel reports. The firm owned 99,800 shares of the exchange traded fund’s stock after selling 17,670 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vanguard Real Estate ETF were worth $8,890,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Godsey & Gibb Inc. acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Finally, Roxbury Financial LLC purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at $37,000.

Vanguard Real Estate ETF Trading Down 1.2 %

NYSEARCA VNQ opened at $90.46 on Wednesday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The firm’s fifty day simple moving average is $90.75 and its 200-day simple moving average is $93.57. The company has a market capitalization of $98.60 billion, a PE ratio of 34.84 and a beta of 1.07.

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.