Financial Advocates Investment Management Buys 2,210 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Financial Advocates Investment Management lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 26.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,582 shares of the exchange traded fund’s stock after purchasing an additional 2,210 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Real Estate ETF were worth $943,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Eastern Bank acquired a new position in Vanguard Real Estate ETF during the 3rd quarter valued at about $26,000. Howard Capital Management Group LLC bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Godsey & Gibb Inc. acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Finally, CKW Financial Group acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth $27,000.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $91.63 on Friday. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The stock has a market capitalization of $36.06 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The firm has a fifty day moving average of $90.84 and a two-hundred day moving average of $93.29.

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.