Carmel Capital Partners LLC Takes Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Carmel Capital Partners LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,288 shares of the exchange traded fund’s stock, valued at approximately $223,000.

A number of other hedge funds also recently modified their holdings of VNQ. Bar Harbor Wealth Management boosted its holdings in shares of Vanguard Real Estate ETF by 3.7% in the 3rd quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 107 shares in the last quarter. Dougherty Wealth Advisers LLC boosted its stake in Vanguard Real Estate ETF by 0.4% in the second quarter. Dougherty Wealth Advisers LLC now owns 25,965 shares of the exchange traded fund’s stock valued at $2,175,000 after buying an additional 116 shares in the last quarter. Barrett & Company Inc. grew its position in Vanguard Real Estate ETF by 2.1% in the third quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 116 shares during the last quarter. McLean Asset Management Corp raised its stake in Vanguard Real Estate ETF by 1.4% during the second quarter. McLean Asset Management Corp now owns 8,199 shares of the exchange traded fund’s stock worth $692,000 after acquiring an additional 117 shares in the last quarter. Finally, First National Trust Co lifted its holdings in shares of Vanguard Real Estate ETF by 2.9% in the second quarter. First National Trust Co now owns 4,148 shares of the exchange traded fund’s stock worth $347,000 after acquiring an additional 118 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 1.5 %

VNQ opened at $95.88 on Friday. The company has a market cap of $37.74 billion, a P/E ratio of 22.09 and a beta of 1.03. The company’s 50 day moving average is $96.16 and its 200-day moving average is $89.54. Vanguard Real Estate ETF has a 1-year low of $74.51 and a 1-year high of $99.58.

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.