Diversified Portfolios Inc. Has $7.38 Million Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Diversified Portfolios Inc. reduced its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,740 shares of the exchange traded fund’s stock after selling 1,170 shares during the quarter. Vanguard Real Estate ETF makes up approximately 0.8% of Diversified Portfolios Inc.’s holdings, making the stock its 29th biggest position. Diversified Portfolios Inc.’s holdings in Vanguard Real Estate ETF were worth $7,379,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Eastern Bank bought a new position in Vanguard Real Estate ETF during the third quarter worth $26,000. ORG Partners LLC bought a new position in Vanguard Real Estate ETF during the second quarter worth $26,000. Pathway Financial Advisers LLC bought a new position in Vanguard Real Estate ETF during the first quarter worth $28,000. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF during the second quarter worth $28,000. Finally, Addison Advisors LLC lifted its holdings in shares of Vanguard Real Estate ETF by 6,350.0% during the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Stock Down 0.4 %

Shares of VNQ traded down $0.36 during midday trading on Thursday, reaching $94.24. 1,092,196 shares of the stock were exchanged, compared to its average volume of 4,116,485. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The company has a market cap of $37.09 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock’s 50 day simple moving average is $96.13 and its 200 day simple moving average is $89.90.

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.