Transamerica Financial Advisors Inc. Decreases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Transamerica Financial Advisors Inc. cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 109,809 shares of the exchange traded fund’s stock after selling 1,632 shares during the quarter. Vanguard Real Estate ETF accounts for about 1.0% of Transamerica Financial Advisors Inc.’s investment portfolio, making the stock its 17th largest holding. Transamerica Financial Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $9,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Michael A. Dubis Financial Planning LLC bought a new stake in Vanguard Real Estate ETF in the 4th quarter worth $1,995,000. Level Four Advisory Services LLC boosted its holdings in shares of Vanguard Real Estate ETF by 5.4% during the fourth quarter. Level Four Advisory Services LLC now owns 7,265 shares of the exchange traded fund’s stock worth $647,000 after purchasing an additional 370 shares during the period. Howe & Rusling Inc. grew its stake in shares of Vanguard Real Estate ETF by 32.1% in the fourth quarter. Howe & Rusling Inc. now owns 997 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 242 shares during the last quarter. AssuredPartners Investment Advisors LLC purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $293,000. Finally, Sava Infond d.o.o. bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at approximately $410,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $89.71 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The firm has a market cap of $97.78 billion, a P/E ratio of 33.73 and a beta of 1.08. The business’s 50 day moving average price is $91.37 and its 200-day moving average price is $93.18.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.9319 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Real Estate ETF Company 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.