Envestnet Asset Management Inc. reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,760,192 shares of the exchange traded fund’s stock after selling 417,746 shares during the period. Envestnet Asset Management Inc.’s holdings in Vanguard Real Estate ETF were worth $241,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Torch Wealth Management LLC bought a new position in Vanguard Real Estate ETF during the 2nd quarter worth $213,000. Eukles Asset Management grew its stake in Vanguard Real Estate ETF by 3.4% during the 2nd quarter. Eukles Asset Management now owns 4,358 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 143 shares during the last quarter. Boys Arnold & Co. Inc. grew its stake in Vanguard Real Estate ETF by 9.2% during the 2nd quarter. Boys Arnold & Co. Inc. now owns 7,426 shares of the exchange traded fund’s stock worth $649,000 after buying an additional 625 shares during the last quarter. Fernwood Investment Management LLC grew its stake in Vanguard Real Estate ETF by 12.3% during the 2nd quarter. Fernwood Investment Management LLC now owns 6,472 shares of the exchange traded fund’s stock worth $566,000 after buying an additional 710 shares during the last quarter. Finally, Parsons Capital Management Inc. RI grew its stake in Vanguard Real Estate ETF by 7.9% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 7,384 shares of the exchange traded fund’s stock worth $645,000 after buying an additional 540 shares during the last quarter.

VNQ traded up $0.71 during trading on Thursday, reaching $90.07. 392,653 shares of the company were exchanged, compared to its average volume of 5,949,176. The business’s 50 day moving average price is $88.97. Vanguard Real Estate ETF has a 52 week low of $71.08 and a 52 week high of $91.85.

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.

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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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