Cannon Financial Strategists Inc. Invests $267,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cannon Financial Strategists Inc. purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,741 shares of the exchange traded fund’s stock, valued at approximately $267,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 50.5% in the fourth quarter. Fisher Asset Management LLC now owns 5,755 shares of the exchange traded fund’s stock worth $509,000 after acquiring an additional 1,932 shares during the period. Park Avenue Securities LLC lifted its holdings in Vanguard Real Estate ETF by 3.5% during the 1st quarter. Park Avenue Securities LLC now owns 20,599 shares of the exchange traded fund’s stock worth $1,781,000 after purchasing an additional 697 shares in the last quarter. RFG Advisory LLC lifted its holdings in Vanguard Real Estate ETF by 227.8% during the 1st quarter. RFG Advisory LLC now owns 20,645 shares of the exchange traded fund’s stock worth $1,785,000 after purchasing an additional 14,347 shares in the last quarter. &PARTNERS boosted its stake in Vanguard Real Estate ETF by 33.6% in the 1st quarter. &PARTNERS now owns 3,230 shares of the exchange traded fund’s stock worth $279,000 after purchasing an additional 813 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in Vanguard Real Estate ETF by 88.6% during the 1st quarter. International Assets Investment Management LLC now owns 15,300 shares of the exchange traded fund’s stock valued at $1,301,000 after buying an additional 7,189 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ traded up $0.72 during midday trading on Friday, hitting $97.51. 2,080,261 shares of the company traded hands, compared to its average volume of 4,178,688. The stock has a 50-day moving average of $95.48 and a 200-day moving average of $88.18. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $99.58. The firm has a market cap of $38.38 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.