American Financial Advisors LLC Cuts Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

American Financial Advisors LLC decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,575 shares of the exchange traded fund’s stock after selling 786 shares during the period. American Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $933,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in Vanguard Real Estate ETF in the 3rd quarter worth approximately $26,000. ORG Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at $26,000. Pathway Financial Advisers LLC bought a new position in shares of Vanguard Real Estate ETF during the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new position in Vanguard Real Estate ETF in the 2nd quarter worth $28,000. Finally, Addison Advisors LLC lifted its stake in Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ traded down $0.50 during trading on Tuesday, hitting $95.54. 1,189,009 shares of the company’s stock traded hands, compared to its average volume of 4,131,252. The firm has a market cap of $37.60 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock has a fifty day moving average of $96.04 and a two-hundred day moving average of $88.72. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $99.58.

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.