FIDELIS iM LLC Sells 9,612 Shares of Vanguard Real Estate ETF $VNQ
by Renee Jackson · The Cerbat GemFIDELIS iM LLC reduced its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) by 10.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,604 shares of the exchange traded fund’s stock after selling 9,612 shares during the period. Vanguard Real Estate ETF makes up about 2.7% of FIDELIS iM LLC’s portfolio, making the stock its 11th biggest holding. FIDELIS iM LLC’s holdings in Vanguard Real Estate ETF were worth $7,238,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter worth $26,000. Evelyn Partners Investment Management LLP bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Resources Management Corp CT ADV bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $27,000. Evermay Wealth Management LLC grew its stake in shares of Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $34,000. 60.03% of the stock is currently owned by institutional investors.
Vanguard Real Estate ETF Stock Performance
NYSEARCA:VNQ opened at $98.40 on Wednesday. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The firm’s 50-day simple moving average is $96.51 and its 200 day simple moving average is $93.39. The firm has a market cap of $38.99 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.
Vanguard Real Estate ETF 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.
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