Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Sold by Mendel Money Management

Mendel Money Management lowered its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,764 shares of the exchange traded fund’s stock after selling 318 shares during the quarter. Mendel Money Management’s holdings in Vanguard Real Estate ETF were worth $424,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VNQ. Voya Financial Advisors Inc. boosted its position in Vanguard Real Estate ETF by 1.6% in the 3rd quarter. Voya Financial Advisors Inc. now owns 7,581 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares during the last quarter. Westside Investment Management Inc. grew its position in shares of Vanguard Real Estate ETF by 1.6% during the 4th quarter. Westside Investment Management Inc. now owns 7,408 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 120 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Vanguard Real Estate ETF by 3.6% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,499 shares of the exchange traded fund’s stock valued at $312,000 after acquiring an additional 122 shares during the period. Cozad Asset Management Inc. increased its position in Vanguard Real Estate ETF by 2.2% in the 4th quarter. Cozad Asset Management Inc. now owns 5,833 shares of the exchange traded fund’s stock valued at $520,000 after acquiring an additional 125 shares during the period. Finally, Destination Wealth Management lifted its holdings in Vanguard Real Estate ETF by 0.5% in the third quarter. Destination Wealth Management now owns 24,867 shares of the exchange traded fund’s stock worth $2,423,000 after purchasing an additional 130 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $89.71 on Wednesday. The firm has a market cap of $97.78 billion, a P/E ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The stock has a fifty day moving average price of $91.32 and a two-hundred day moving average price of $93.27.

Vanguard Real Estate ETF Cuts Dividend

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