Lake Street Advisors Group LLC Cuts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Lake Street Advisors Group LLC reduced its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 160,015 shares of the exchange traded fund’s stock after selling 43,883 shares during the period. Vanguard Real Estate ETF comprises approximately 0.7% of Lake Street Advisors Group LLC’s portfolio, making the stock its 26th biggest holding. Lake Street Advisors Group LLC’s holdings in Vanguard Real Estate ETF were worth $14,254,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Howard Capital Management Group LLC bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. CKW Financial Group bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $27,000. Finally, Laurel Wealth Advisors LLC grew its position in Vanguard Real Estate ETF by 73.1% during 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.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $93.13 on Wednesday. The company’s 50 day moving average price is $89.99 and its 200-day moving average price is $93.52. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The stock has a market capitalization of $36.66 billion, a price-to-earnings 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.