Pinnacle Wealth Management Advisory Group LLC Sells 1,486 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pinnacle Wealth Management Advisory Group LLC cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 17.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,148 shares of the exchange traded fund’s stock after selling 1,486 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Real Estate ETF were worth $632,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Buck Wealth Strategies LLC bought a new stake in Vanguard Real Estate ETF during the third quarter valued at $27,000. Halpern Financial Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth about $33,000. ORG Partners LLC raised its position in shares of Vanguard Real Estate ETF by 105.8% in the 4th quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 201 shares in the last quarter. Finally, Capital Investment Counsel Inc bought a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at about $30,000.

Vanguard Real Estate ETF Trading Down 0.9 %

NYSEARCA VNQ traded down $0.70 during trading hours on Wednesday, hitting $81.44. 4,129,689 shares of the company’s stock were exchanged, compared to its average volume of 4,863,731. The firm has a market cap of $32.05 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $70.61 and a 1-year high of $90.09. The stock has a 50-day simple moving average of $83.56 and a 200 day simple moving average of $83.09.

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.