Vanguard Real Estate ETF (NYSEARCA:VNQ) Position Lessened by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 90.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,170 shares of the exchange traded fund’s stock after selling 111,363 shares during the period. Crestwood Advisors Group LLC’s holdings in Vanguard Real Estate ETF were worth $1,088,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Landmark Wealth Management LLC bought a new position in Vanguard Real Estate ETF during the third quarter valued at about $271,000. James J. Burns & Company LLC raised its holdings in Vanguard Real Estate ETF by 3.5% during the third quarter. James J. Burns & Company LLC now owns 4,873 shares of the exchange traded fund’s stock valued at $475,000 after buying an additional 164 shares in the last quarter. Madden Advisory Services Inc. raised its holdings in Vanguard Real Estate ETF by 3.3% during the third quarter. Madden Advisory Services Inc. now owns 13,121 shares of the exchange traded fund’s stock valued at $1,278,000 after buying an additional 417 shares in the last quarter. FSM Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF during the third quarter valued at about $218,000. Finally, QRG Capital Management Inc. bought a new position in Vanguard Real Estate ETF during the third quarter valued at about $244,000.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $95.42 on Wednesday. Vanguard Real Estate ETF has a fifty-two week low of $74.51 and a fifty-two week high of $99.58. The stock’s 50-day moving average is $96.17 and its two-hundred day moving average is $89.36. The firm has a market cap of $37.56 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.