Paladin Advisory Group LLC Lowers Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Paladin Advisory Group LLC lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 40.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,242 shares of the exchange traded fund’s stock after selling 2,215 shares during the period. Paladin Advisory Group LLC’s holdings in Vanguard Real Estate ETF were worth $286,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VNQ. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Real Estate ETF during the 4th quarter valued at approximately $27,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the second quarter worth $30,000. Buck Wealth Strategies LLC purchased a new stake in Vanguard Real Estate ETF during the third quarter worth $27,000. Halpern Financial Inc. purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth $33,000. Finally, ORG Partners LLC lifted its holdings in Vanguard Real Estate ETF by 105.8% during the fourth quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 201 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.5 %

VNQ traded up $0.40 during midday trading on Friday, hitting $79.02. 4,585,507 shares of the company traded hands, compared to its average volume of 4,908,933. The business has a 50 day simple moving average of $84.54 and a two-hundred day simple moving average of $82.45. The company has a market capitalization of $31.10 billion, a price-to-earnings ratio of 22.27 and a beta of 1.05. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09.

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.