Michael A. Dubis Financial Planning LLC Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Michael A. Dubis Financial Planning LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 22,397 shares of the exchange traded fund’s stock, valued at approximately $1,995,000. Vanguard Real Estate ETF accounts for about 1.9% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its 9th largest position.

Several other institutional investors have also modified their holdings of the company. Empower Advisory Group LLC raised its holdings in Vanguard Real Estate ETF by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after purchasing an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares during the last quarter. US Bancorp DE boosted its position in shares of Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after buying an additional 585,657 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Vanguard Real Estate ETF by 3.7% in the 4th quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after acquiring an additional 79,954 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its holdings in Vanguard Real Estate ETF by 6.0% during the 4th quarter. Pure Financial Advisors LLC now owns 1,759,601 shares of the exchange traded fund’s stock valued at $156,745,000 after acquiring an additional 99,737 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $89.71 on Friday. The firm’s 50-day moving average is $91.37 and its two-hundred day moving average is $93.18. The company has a market capitalization of $97.78 billion, a PE ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.9319 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.