Somnio Financial Group LLC Buys Shares of 125,583 Vanguard Real Estate ETF $VNQ

Somnio Financial Group LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 125,583 shares of the exchange traded fund’s stock, valued at approximately $11,184,000. Vanguard Real Estate ETF makes up 8.0% of Somnio Financial Group LLC’s holdings, making the stock its 5th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in VNQ. Reyes Financial Architecture Inc. raised its stake in Vanguard Real Estate ETF by 405.5% during the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 296 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new position in Vanguard Real Estate ETF during the first quarter worth about $40,000. Anderson Financial Strategies LLC purchased a new position in Vanguard Real Estate ETF during the first quarter worth about $41,000. Olistico Wealth LLC purchased a new position in Vanguard Real Estate ETF during the first quarter worth about $44,000. Finally, CX Institutional boosted its stake in Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 282 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.4%

VNQ opened at $90.23 on Wednesday. The stock has a market cap of $33.79 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. The company’s 50-day moving average price is $90.94 and its two-hundred day moving average price is $89.44. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20.

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.