Tower View Investment Management & Research LLC Reduces Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Tower View Investment Management & Research LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,944 shares of the exchange traded fund’s stock after selling 305 shares during the period. Tower View Investment Management & Research LLC’s holdings in Vanguard Real Estate ETF were worth $257,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VNQ. Meridian Wealth Management LLC purchased a new position in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $84,000. Tradewinds Capital Management LLC increased its stake in shares of Vanguard Real Estate ETF by 7.3% during the 1st quarter. Tradewinds Capital Management LLC now owns 3,432 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 232 shares in the last quarter. MD Financial Management Inc. increased its stake in shares of Vanguard Real Estate ETF by 39.3% during the 1st quarter. MD Financial Management Inc. now owns 1,120,654 shares of the exchange traded fund’s stock worth $97,396,000 after purchasing an additional 316,368 shares in the last quarter. Guidant Wealth Advisors increased its stake in shares of Vanguard Real Estate ETF by 10.0% during the 1st quarter. Guidant Wealth Advisors now owns 38,392 shares of the exchange traded fund’s stock worth $3,337,000 after purchasing an additional 3,504 shares in the last quarter. Finally, SVA Plumb Wealth Management LLC increased its stake in shares of Vanguard Real Estate ETF by 21.9% during the 1st quarter. SVA Plumb Wealth Management LLC now owns 39,468 shares of the exchange traded fund’s stock worth $3,430,000 after purchasing an additional 7,086 shares in the last quarter.

Shares of VNQ traded up $0.06 during mid-day trading on Friday, reaching $87.95. 224,178 shares of the company’s stock were exchanged, compared to its average volume of 6,004,875. The stock’s 50-day simple moving average is $89.08. Vanguard Real Estate ETF has a 52-week low of $71.08 and a 52-week high of $91.85.

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.

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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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