LM Advisors LLC Sells 916 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

LM Advisors LLC decreased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 45,790 shares of the exchange traded fund’s stock after selling 916 shares during the period. Vanguard Real Estate ETF comprises approximately 0.7% of LM Advisors LLC’s holdings, making the stock its 28th largest position. LM Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $4,079,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Godsey & Gibb Inc. acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. CKW Financial Group acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 73.1% during the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Stock Up 0.4 %

Shares of NYSEARCA VNQ opened at $90.06 on Thursday. The stock has a market capitalization of $98.17 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. The firm has a 50-day simple moving average of $91.37 and a 200-day simple moving average of $93.25. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.9319 dividend. The ex-dividend date is Tuesday, March 25th.

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.