SwitchPoint Financial Planning LLC Invests $223,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

SwitchPoint Financial Planning LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,508 shares of the exchange traded fund’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Howard Capital Management Group LLC purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at $26,000. Godsey & Gibb Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $26,000. CKW Financial Group bought a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Finally, Roxbury Financial LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $37,000.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $89.71 on Wednesday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The company has a market cap of $97.78 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. The business’s 50 day moving average price is $91.32 and its 200-day moving average price is $93.27.

Vanguard Real Estate ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.9319 per share. The ex-dividend date is Tuesday, March 25th.

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.