Mascoma Wealth Management LLC Acquires New Position in Vanguard Real Estate ETF $VNQ

Mascoma Wealth Management LLC acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,061 shares of the exchange traded fund’s stock, valued at approximately $2,134,000. Vanguard Real Estate ETF makes up about 0.4% of Mascoma Wealth Management LLC’s holdings, making the stock its 29th biggest holding.

Other hedge funds also recently made changes to their positions in the company. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Resources Management Corp CT ADV bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth about $27,000. Evermay Wealth Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.2%

VNQ traded up $0.23 on Friday, hitting $97.32. 2,539,323 shares of the company’s stock were exchanged, compared to its average volume of 3,773,914. The stock has a fifty day moving average of $96.62 and a two-hundred day moving average of $93.53. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The firm has a market cap of $38.56 billion, a PE ratio of 35.58 and a beta of 0.98.

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.