Phillips Financial Management LLC Cuts Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Phillips Financial Management LLC lessened its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 28.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 134,087 shares of the exchange traded fund’s stock after selling 54,092 shares during the quarter. Vanguard Real Estate ETF makes up about 0.9% of Phillips Financial Management LLC’s holdings, making the stock its 29th largest position. Phillips Financial Management LLC’s holdings in Vanguard Real Estate ETF were worth $11,944,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Howard Capital Management Group LLC bought a new position in Vanguard Real Estate ETF in the fourth quarter worth about $26,000. CKW Financial Group bought a new position in Vanguard Real Estate ETF during the 4th quarter worth $27,000. Finally, Laurel Wealth Advisors LLC lifted its position in Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 0.3 %

VNQ stock opened at $90.18 on Thursday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The company has a market capitalization of $98.30 billion, a P/E ratio of 34.84 and a beta of 1.07. The company has a 50-day simple moving average of $90.78 and a 200 day simple moving average of $93.55.

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.