Brown Wealth Management LLC Takes Position in Vanguard Real Estate ETF $VNQ

Brown Wealth Management LLC bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,257 shares of the exchange traded fund’s stock, valued at approximately $201,000.

A number of other hedge funds have also added to or reduced their stakes in VNQ. Hantz Financial Services Inc. boosted its stake in shares of Vanguard Real Estate ETF by 123.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 173 shares during the last quarter. Cohalo Advisory LLC bought a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth $29,000. Reyes Financial Architecture Inc. boosted its position 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 purchasing an additional 296 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in Vanguard Real Estate ETF in the 2nd quarter worth approximately $33,000. Finally, Aberdeen Wealth Management LLC bought a new position in shares of Vanguard Real Estate ETF in the first quarter worth $40,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.4%

Shares of NYSEARCA:VNQ opened at $89.21 on Wednesday. The stock has a market cap of $33.65 billion, a P/E ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The company has a 50 day moving average of $90.71 and a 200 day moving average of $90.19.

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.