Envestnet Portfolio Solutions Inc. Sells 634,574 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Envestnet Portfolio Solutions Inc. lowered its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 79.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 159,819 shares of the exchange traded fund’s stock after selling 634,574 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Real Estate ETF were worth $14,237,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VNQ. Empower Advisory Group LLC boosted its holdings in Vanguard Real Estate ETF by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after purchasing an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares during the last quarter. US Bancorp DE grew its holdings in shares of Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Vanguard Real Estate ETF by 3.7% during the 4th quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock worth $202,243,000 after purchasing an additional 79,954 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Vanguard Real Estate ETF during the third quarter worth $209,453,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $90.17 on Monday. The firm’s 50-day moving average is $90.79 and its 200-day moving average is $93.46. The stock has a market cap of $98.29 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week 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.