Hollencrest Capital Management Lowers Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Hollencrest Capital Management lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,739 shares of the exchange traded fund’s stock after selling 1,485 shares during the period. Hollencrest Capital Management’s holdings in Vanguard Real Estate ETF were worth $1,338,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VNQ. Bar Harbor Wealth Management raised its position in Vanguard Real Estate ETF by 3.7% during the 3rd quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock worth $296,000 after buying an additional 107 shares during the last quarter. Dougherty Wealth Advisers LLC boosted its position in shares of Vanguard Real Estate ETF by 0.4% in the second quarter. Dougherty Wealth Advisers LLC now owns 25,965 shares of the exchange traded fund’s stock worth $2,175,000 after acquiring an additional 116 shares during the last quarter. Barrett & Company Inc. raised its holdings in Vanguard Real Estate ETF by 2.1% in the third quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock valued at $552,000 after buying an additional 116 shares during the period. McLean Asset Management Corp raised its stake in shares of Vanguard Real Estate ETF by 1.4% during the second quarter. McLean Asset Management Corp now owns 8,199 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 117 shares during the period. Finally, First National Trust Co increased its stake in shares of Vanguard Real Estate ETF by 2.9% in the second quarter. First National Trust Co now owns 4,148 shares of the exchange traded fund’s stock worth $347,000 after buying an additional 118 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ traded up $1.39 during midday trading on Friday, reaching $95.86. The company had a trading volume of 1,063,826 shares, compared to its average volume of 4,128,164. The stock has a market capitalization of $37.73 billion, a P/E ratio of 22.09 and a beta of 1.03. The stock’s fifty day moving average price is $96.14 and its 200-day moving average price is $89.39. Vanguard Real Estate ETF has a one year low of $74.51 and a one year high of $99.58.

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.