Alliancebernstein L.P. Trims Stock Holdings in Vanguard Real Estate ETF $VNQ

Alliancebernstein L.P. reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,482 shares of the exchange traded fund’s stock after selling 728 shares during the period. Alliancebernstein L.P.’s holdings in Vanguard Real Estate ETF were worth $14,711,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its stake in Vanguard Real Estate ETF by 65.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock worth $2,018,000 after purchasing an additional 8,816 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in Vanguard Real Estate ETF by 100.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after purchasing an additional 1,000 shares during the period. GAMMA Investing LLC increased its stake in Vanguard Real Estate ETF by 27.8% during the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 119 shares during the period. Sowell Financial Services LLC increased its stake in Vanguard Real Estate ETF by 3.9% during the first quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock worth $988,000 after purchasing an additional 413 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its stake in Vanguard Real Estate ETF by 4.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 18,330 shares of the exchange traded fund’s stock worth $1,660,000 after purchasing an additional 765 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $93.24 on Friday. The firm has a market capitalization of $34.95 billion, a PE ratio of 35.58 and a beta of 0.91. The firm’s 50-day moving average is $90.53 and its two-hundred day moving average is $89.51. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year 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.