Paradigm Financial Advisors LLC Has $3.91 Million Position in Vanguard Real Estate ETF (VNQ)
Paradigm Financial Advisors LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 48,031 shares of the exchange traded fund’s stock after selling 2,644 shares during the period. Vanguard Real Estate ETF makes up 1.7% of Paradigm Financial Advisors LLC’s holdings, making the stock its 19th largest position. Paradigm Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $3,912,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently modified their holdings of the company. North Star Investment Management Corp. bought a new position in Vanguard Real Estate ETF in the 2nd quarter valued at about $100,000. Legacy Financial Advisors Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the 2nd quarter worth approximately $105,000. Gables Capital Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $126,000. McKinley Carter Wealth Services Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the 1st quarter worth approximately $128,000. Finally, Cable Hill Partners LLC boosted its position in shares of Vanguard Real Estate ETF by 127.3% during the 2nd quarter. Cable Hill Partners LLC now owns 2,059 shares of the exchange traded fund’s stock worth $168,000 after acquiring an additional 1,153 shares in the last quarter.
Shares of NYSEARCA VNQ traded down $0.53 during trading hours on Friday, hitting $83.14. 5,215,758 shares of the stock were exchanged, compared to its average volume of 5,501,983. Vanguard Real Estate ETF has a 1-year low of $72.05 and a 1-year high of $86.14.
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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