Opes Wealth Management LLC Sells 1,975 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Opes Wealth Management LLC lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 35.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,524 shares of the exchange traded fund’s stock after selling 1,975 shares during the quarter. Opes Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $311,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of VNQ. Moneta Group Investment Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 115,289.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,063,365,980 shares of the exchange traded fund’s stock valued at $87,706,426,000 after purchasing an additional 1,062,444,438 shares during the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Real Estate ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 16,464,307 shares of the exchange traded fund’s stock valued at $1,357,976,000 after purchasing an additional 194,301 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Real Estate ETF by 22.5% in the third quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after purchasing an additional 1,955,619 shares during the last quarter. Empower Advisory Group LLC raised its holdings in shares of Vanguard Real Estate ETF by 5.8% in the third quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock valued at $775,893,000 after purchasing an additional 566,346 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in shares of Vanguard Real Estate ETF by 3.6% in the third quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock valued at $563,601,000 after purchasing an additional 257,323 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ traded up $0.01 during trading on Thursday, reaching $78.62. 4,032,727 shares of the stock were exchanged, compared to its average volume of 4,913,248. The stock has a market cap of $30.94 billion, a P/E ratio of 22.27 and a beta of 1.05. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $90.09. The stock’s 50 day moving average price is $84.66 and its two-hundred day moving average price is $82.48.

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.