Meridian Management Co. Decreases Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Meridian Management Co. decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQFree Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,839 shares of the exchange traded fund’s stock after selling 244 shares during the quarter. Meridian Management Co.’s holdings in Vanguard Real Estate ETF were worth $240,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in Vanguard Real Estate ETF during the third quarter valued at approximately $31,000. Halpern Financial Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $33,000. ORG Partners LLC raised its position in Vanguard Real Estate ETF by 105.8% in the fourth quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 201 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter worth $36,000.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ traded up $1.01 during midday trading on Thursday, reaching $81.54. The stock had a trading volume of 954,668 shares, compared to its average volume of 4,631,729. The company has a market capitalization of $32.09 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock has a 50-day moving average of $82.54 and a 200-day moving average of $84.04. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09.

About Vanguard Real Estate ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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