Rockbridge Investment Management LCC Sells 7,504 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Rockbridge Investment Management LCC lessened its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 25.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,243 shares of the exchange traded fund’s stock after selling 7,504 shares during the quarter. Rockbridge Investment Management LCC’s holdings in Vanguard Real Estate ETF were worth $1,981,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Howe & Rusling Inc. grew its position in shares of Vanguard Real Estate ETF by 32.1% in the 4th quarter. Howe & Rusling Inc. now owns 997 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 242 shares during the last quarter. AssuredPartners Investment Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $293,000. Sava Infond d.o.o. purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $410,000. Foundation Wealth Management LLC PA purchased a new position in Vanguard Real Estate ETF during the 4th quarter worth $9,746,000. Finally, Hardin Capital Partners LLC increased its position in Vanguard Real Estate ETF by 4.0% during the 4th quarter. Hardin Capital Partners LLC now owns 22,347 shares of the exchange traded fund’s stock valued at $1,991,000 after buying an additional 855 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $90.06 on Thursday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The company has a market cap of $98.17 billion, a PE ratio of 33.73 and a beta of 1.08. The business has a 50-day simple moving average of $91.37 and a two-hundred day simple moving average of $93.25.

Vanguard Real Estate ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.9319 per share. The ex-dividend date is Tuesday, March 25th.

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.