Keudell Morrison Wealth Management Purchases New Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Keudell Morrison Wealth Management acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,652 shares of the exchange traded fund’s stock, valued at approximately $236,000.

A number of other institutional investors also recently made changes to their positions in the company. Foundations Investment Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 19.1% during the 3rd quarter. Foundations Investment Advisors LLC now owns 5,047 shares of the exchange traded fund’s stock worth $492,000 after purchasing an additional 810 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Vanguard Real Estate ETF by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock worth $2,394,000 after buying an additional 1,670 shares during the period. Curran Financial Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter worth $1,132,000. Sanctuary Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the second quarter valued at about $4,111,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at about $97,000.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $90.75 on Friday. The firm has a market cap of $35.72 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The firm’s 50-day simple moving average is $91.52 and its 200 day simple moving average is $93.22.

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.