Verus Capital Partners LLC Acquires 13,248 Shares of Vanguard Real Estate ETF $VNQ

Verus Capital Partners LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 13,248 shares of the exchange traded fund’s stock, valued at approximately $1,187,000.

A number of other large investors have also modified their holdings of VNQ. Evergreen Capital Management LLC purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $70,491,000. Capital Investment Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at $69,576,000. Bank of New York Mellon Corp boosted its position in Vanguard Real Estate ETF by 27.3% during the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after acquiring an additional 736,312 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth about $52,321,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in Vanguard Real Estate ETF in the 3rd quarter worth approximately $43,317,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $95.73 on Monday. The business’s 50 day moving average is $92.92 and its two-hundred day moving average is $94.67. 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 cap of $38.34 billion, a P/E ratio of 35.58 and a beta of 0.95.

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.