Modern Wealth Management LLC Has $468,000 Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Modern Wealth Management LLC lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,113 shares of the exchange traded fund’s stock after acquiring an additional 263 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $468,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Van ECK Associates Corp acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth $10,542,000. Proficio Capital Partners LLC bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $1,349,000. Thompson Siegel & Walmsley LLC grew its stake in shares of Vanguard Real Estate ETF by 22.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock worth $1,429,000 after purchasing an additional 2,936 shares during the period. Thrivent Financial for Lutherans increased its holdings in Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after purchasing an additional 1,670 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in Vanguard Real Estate ETF by 2.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock valued at $74,355,000 after buying an additional 17,599 shares during the period.

Vanguard Real Estate ETF Trading Down 0.3 %

Vanguard Real Estate ETF stock opened at $89.83 on Friday. The firm has a market capitalization of $97.91 billion, a P/E ratio of 33.73 and a beta of 1.08. The business has a 50-day moving average of $91.37 and a 200-day moving average of $93.22. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. 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.