Vanguard Real Estate ETF (NYSEARCA:VNQ) Position Lifted by Richmond Brothers Inc.

Richmond Brothers Inc. increased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,750 shares of the exchange traded fund’s stock after buying an additional 9,195 shares during the quarter. Vanguard Real Estate ETF comprises about 4.6% of Richmond Brothers Inc.’s investment portfolio, making the stock its 9th biggest position. Richmond Brothers Inc.’s holdings in Vanguard Real Estate ETF were worth $7,193,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VNQ. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. CKW Financial Group purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $27,000. Finally, Laurel Wealth Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 163 shares during the period.

Vanguard Real Estate ETF Trading Down 0.5 %

Shares of VNQ opened at $91.23 on Wednesday. The firm has a market capitalization of $99.44 billion, a P/E ratio of 33.73 and a beta of 1.08. The stock’s fifty day simple moving average is $90.94 and its 200 day simple moving average is $93.42. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58.

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.