Godshalk Welsh Capital Management Inc. Cuts Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Godshalk Welsh Capital Management Inc. reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,085 shares of the exchange traded fund’s stock after selling 250 shares during the period. Godshalk Welsh Capital Management Inc.’s holdings in Vanguard Real Estate ETF were worth $720,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. United Bank increased its position in Vanguard Real Estate ETF by 22.4% in the third quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock worth $4,608,000 after purchasing an additional 8,665 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of 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 worth $2,394,000 after buying an additional 1,670 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in shares of Vanguard Real Estate ETF by 19.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 4,447 shares of the exchange traded fund’s stock valued at $433,000 after buying an additional 739 shares in the last quarter. Private Trust Co. NA raised its position in shares of Vanguard Real Estate ETF by 10.6% during the 3rd quarter. Private Trust Co. NA now owns 7,159 shares of the exchange traded fund’s stock valued at $697,000 after buying an additional 689 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of Vanguard Real Estate ETF by 79.5% in the 3rd quarter. FMR LLC now owns 93,457 shares of the exchange traded fund’s stock valued at $9,105,000 after acquiring an additional 41,398 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $90.06 on Thursday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The business’s 50 day moving average is $91.37 and its two-hundred day moving average is $93.25. The stock has a market capitalization of $98.17 billion, a P/E ratio of 33.73 and a beta of 1.08.

Vanguard Real Estate ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.9319 per share. The ex-dividend date is Tuesday, March 25th.

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.