Archvest Wealth Advisors Inc. Grows Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Archvest Wealth Advisors Inc. grew its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.8% in the fourth quarter, HoldingsChannel reports. The fund owned 83,551 shares of the exchange traded fund’s stock after purchasing an additional 10,747 shares during the quarter. Vanguard Real Estate ETF makes up about 5.4% of Archvest Wealth Advisors Inc.’s portfolio, making the stock its 6th largest holding. Archvest Wealth Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $7,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of VNQ. GAMMA Investing LLC lifted its position in shares of Vanguard Real Estate ETF by 236.5% during the 3rd quarter. GAMMA Investing LLC now owns 710 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 499 shares in the last quarter. Diversified Trust Co lifted its holdings in Vanguard Real Estate ETF by 8.8% during the third quarter. Diversified Trust Co now owns 3,706 shares of the exchange traded fund’s stock valued at $361,000 after purchasing an additional 300 shares in the last quarter. Watts Gwilliam & Co. LLC bought a new position in shares of Vanguard Real Estate ETF in the third quarter worth approximately $725,000. San Luis Wealth Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 36.7% in the third quarter. San Luis Wealth Advisors LLC now owns 7,137 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 1,917 shares in the last quarter. Finally, Worth Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $2,772,000.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $91.63 on Friday. The stock has a market cap of $36.06 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The firm’s fifty day moving average is $90.84 and its 200 day moving average is $93.29. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58.

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.