Cordant Inc. Has $10.07 Million Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cordant Inc. lessened its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 113,036 shares of the exchange traded fund’s stock after selling 1,407 shares during the period. Vanguard Real Estate ETF makes up 5.3% of Cordant Inc.’s holdings, making the stock its 8th largest position. Cordant Inc.’s holdings in Vanguard Real Estate ETF were worth $10,069,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Eastern Bank bought a new stake in Vanguard Real Estate ETF during the third quarter worth approximately $26,000. Godsey & Gibb Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $26,000. Laurel Wealth Advisors LLC grew its holdings in shares of 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 worth $34,000 after acquiring an additional 163 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter worth $49,000. Finally, Teachers Insurance & Annuity Association of America acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter worth $49,000.

Vanguard Real Estate ETF Stock Down 0.0 %

NYSEARCA:VNQ opened at $87.88 on Thursday. The stock has a fifty day simple moving average of $92.58 and a 200 day simple moving average of $92.84. The firm has a market capitalization of $34.59 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

About Vanguard Real Estate ETF

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.