SeaCrest Wealth Management LLC Sells 596 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

SeaCrest Wealth Management LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,212 shares of the exchange traded fund’s stock after selling 596 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VNQ. ORG Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF in the second quarter worth $26,000. Pathway Financial Advisers LLC bought a new stake in Vanguard Real Estate ETF during the first quarter valued at about $28,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter valued at about $28,000. Addison Advisors LLC lifted its position in shares of Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 381 shares in the last quarter. Finally, Voisard Asset Management Group Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter worth about $34,000.

Vanguard Real Estate ETF Trading Up 0.8 %

VNQ traded up $0.78 on Wednesday, hitting $97.28. 240,782 shares of the company’s stock traded hands, compared to its average volume of 4,180,643. The company’s 50 day simple moving average is $95.07 and its 200-day simple moving average is $87.94. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $99.58. The firm has a market cap of $38.29 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

About Vanguard Real Estate ETF

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.