Litman Gregory Wealth Management LLC Purchases 1,069 Shares of Vanguard Real Estate ETF $VNQ

Litman Gregory Wealth Management LLC grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.2% during the second quarter, Holdings Channel reports. The institutional investor owned 15,965 shares of the exchange traded fund’s stock after purchasing an additional 1,069 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. increased its stake in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 1st quarter valued at approximately $40,000. Anderson Financial Strategies LLC bought a new position in Vanguard Real Estate ETF in the 1st quarter worth approximately $41,000. Olistico Wealth LLC purchased a new position in Vanguard Real Estate ETF in the 1st quarter valued at approximately $44,000. Finally, CX Institutional grew its stake in Vanguard Real Estate ETF by 133.6% in the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 282 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $91.42 on Monday. The stock has a market capitalization of $34.23 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. The company’s fifty day simple moving average is $90.96 and its two-hundred day simple moving average is $89.44. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.20.

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.