Robertson Stephens Wealth Management LLC Reduces Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Robertson Stephens Wealth Management LLC lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 31.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,167 shares of the exchange traded fund’s stock after selling 5,514 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,075,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wilbanks Smith & Thomas Asset Management LLC raised its position in shares of Vanguard Real Estate ETF by 1.6% in the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 9,045 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 139 shares in the last quarter. McIlrath & Eck LLC raised its position in shares of Vanguard Real Estate ETF by 3.1% in the 4th quarter. McIlrath & Eck LLC now owns 197,040 shares of the exchange traded fund’s stock worth $17,410,000 after acquiring an additional 5,871 shares in the last quarter. FFT Wealth Management LLC raised its position in shares of Vanguard Real Estate ETF by 1.4% in the 4th quarter. FFT Wealth Management LLC now owns 86,256 shares of the exchange traded fund’s stock worth $7,622,000 after acquiring an additional 1,152 shares in the last quarter. Prosperity Planning Inc. bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $311,000. Finally, Riverpoint Wealth Management Holdings LLC raised its position in shares of Vanguard Real Estate ETF by 2,382.3% in the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 119,401 shares of the exchange traded fund’s stock worth $10,550,000 after acquiring an additional 114,591 shares in the last quarter.

Vanguard Real Estate ETF Stock Up 0.9 %

Shares of NYSEARCA:VNQ traded up $0.75 during trading on Friday, hitting $81.51. The stock had a trading volume of 1,786,755 shares, compared to its average volume of 4,877,442. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $90.09. The company has a market capitalization of $32.08 billion, a PE ratio of 22.09 and a beta of 1.03. The firm’s fifty day moving average is $83.71 and its 200 day moving average is $82.82.

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.