Phillips Financial Management LLC Sells 54,092 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Phillips Financial Management LLC decreased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 28.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 134,087 shares of the exchange traded fund’s stock after selling 54,092 shares during the quarter. Vanguard Real Estate ETF accounts for about 0.9% of Phillips Financial Management LLC’s investment portfolio, making the stock its 29th biggest position. Phillips Financial Management LLC’s holdings in Vanguard Real Estate ETF were worth $11,944,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VNQ. QRG Capital Management Inc. acquired a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at $244,000. United Bank lifted its stake 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 valued at $4,608,000 after buying an additional 8,665 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of Vanguard Real Estate ETF by 13.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 11,192 shares of the exchange traded fund’s stock valued at $1,090,000 after buying an additional 1,292 shares during the period. Harbour Investments Inc. raised its holdings in Vanguard Real Estate ETF by 4.6% during the 3rd quarter. Harbour Investments Inc. now owns 17,550 shares of the exchange traded fund’s stock worth $1,710,000 after buying an additional 769 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Vanguard Real Estate ETF by 6.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 197,394 shares of the exchange traded fund’s stock valued at $19,230,000 after acquiring an additional 11,473 shares in the last quarter.

Vanguard Real Estate ETF Stock Down 0.3 %

NYSEARCA:VNQ opened at $90.18 on Thursday. The business has a 50 day moving average price of $90.78 and a two-hundred day moving average price of $93.55. The company has a market cap of $98.30 billion, a P/E ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58.

Vanguard Real Estate ETF Company 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.