Krane Financial Solutions LLC Buys New Position in Vanguard Real Estate ETF $VNQ

Krane Financial Solutions LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 117,761 shares of the exchange traded fund’s stock, valued at approximately $10,445,000. Vanguard Real Estate ETF makes up approximately 7.1% of Krane Financial Solutions LLC’s portfolio, making the stock its 5th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. IMG Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at $26,000. Resources Management Corp CT ADV purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at $27,000. Evermay Wealth Management LLC grew its holdings in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $98.95 on Friday. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.80. The company has a market capitalization of $39.21 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The firm’s fifty day moving average price is $97.63 and its 200 day moving average price is $94.64.

Vanguard Real Estate ETF Company 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.