Synergy Investment Management LLC Purchases New Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Synergy Investment Management LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 616 shares of the exchange traded fund’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $10,542,000. Thrivent Financial for Lutherans raised its holdings in shares of Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after buying an additional 1,670 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at about $97,000. Platform Technology Partners raised its holdings in shares of Vanguard Real Estate ETF by 17.7% in the fourth quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock valued at $402,000 after buying an additional 678 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Vanguard Real Estate ETF by 3.4% in the third quarter. Principal Financial Group Inc. now owns 685,311 shares of the exchange traded fund’s stock valued at $66,763,000 after buying an additional 22,471 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $93.25 on Wednesday. The company has a 50-day simple moving average of $90.45 and a 200-day simple moving average of $93.60. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The stock has a market capitalization of $101.64 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07.

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.