CKW Financial Group Acquires New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

CKW Financial Group bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 300 shares of the exchange traded fund’s stock, valued at approximately $27,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eastern Bank purchased a new stake in Vanguard Real Estate ETF in the third quarter valued at approximately $26,000. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $26,000. Howard Capital Management Group LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth $26,000. Finally, Laurel Wealth Advisors LLC increased its stake in Vanguard Real Estate ETF by 73.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.3 %

VNQ opened at $90.71 on Monday. The stock has a market capitalization of $35.70 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The stock has a 50-day moving average price of $91.86 and a 200-day moving average price of $93.20.

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.