Orion Capital Management LLC Sells 1,449 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Orion Capital Management LLC reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,198 shares of the exchange traded fund’s stock after selling 1,449 shares during the quarter. Vanguard Real Estate ETF accounts for about 0.8% of Orion Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding. Orion Capital Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,343,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $27,000. Buck Wealth Strategies LLC purchased a new position in shares of Vanguard Real Estate ETF in the third quarter worth approximately $27,000. Halpern Financial Inc. purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $33,000. ORG Partners LLC boosted its holdings in shares of Vanguard Real Estate ETF by 105.8% in the fourth quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 201 shares during the last quarter. Finally, Capital Investment Counsel Inc purchased a new position in shares of Vanguard Real Estate ETF in the third quarter worth approximately $30,000.

Vanguard Real Estate ETF Price Performance

Shares of VNQ traded up $1.11 on Wednesday, reaching $80.72. The company’s stock had a trading volume of 5,413,360 shares, compared to its average volume of 4,884,486. The stock has a market capitalization of $31.77 billion, a P/E ratio of 22.27 and a beta of 1.05. The stock’s 50 day simple moving average is $83.90 and its two-hundred day simple moving average is $82.86. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09.

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.