Highland Capital Management LLC Trims Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Highland Capital Management LLC trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,500 shares of the exchange traded fund’s stock after selling 295 shares during the period. Highland Capital Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,915,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VNQ. Foundations Investment Advisors LLC grew its stake in shares of Vanguard Real Estate ETF by 19.1% in the 3rd quarter. Foundations Investment Advisors LLC now owns 5,047 shares of the exchange traded fund’s stock valued at $492,000 after purchasing an additional 810 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in Vanguard Real Estate ETF by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after buying an additional 1,670 shares during the period. Curran Financial Partners LLC acquired a new position in shares of Vanguard Real Estate ETF during the third quarter worth about $1,132,000. Sanctuary Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the second quarter valued at about $4,111,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Vanguard Real Estate ETF during the 3rd quarter worth approximately $97,000.

Vanguard Real Estate ETF Price Performance

VNQ opened at $90.75 on Friday. The business has a 50 day simple moving average of $91.62 and a 200-day simple moving average of $93.24. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The stock has a market capitalization of $35.72 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.