SignalPoint Asset Management LLC Sells 836 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

SignalPoint Asset Management LLC decreased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,647 shares of the exchange traded fund’s stock after selling 836 shares during the period. Vanguard Real Estate ETF accounts for 0.8% of SignalPoint Asset Management LLC’s portfolio, making the stock its 24th largest position. SignalPoint Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $3,354,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Eastern Bank bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC grew its stake in shares of Vanguard Real Estate ETF by 73.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 163 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $49,000. Finally, Teachers Insurance & Annuity Association of America bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $49,000.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $87.89 on Thursday. The stock has a market cap of $34.59 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock’s 50 day moving average price is $92.58 and its 200-day moving average price is $92.84. Vanguard Real Estate ETF has a one year low of $78.27 and a one year 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.