L.K. Benson & Company P.C. Invests $1.26 Million in Vanguard Real Estate ETF (NYSEARCA:VNQ)

L.K. Benson & Company P.C. acquired a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,088 shares of the exchange traded fund’s stock, valued at approximately $1,255,000. Vanguard Real Estate ETF comprises about 0.9% of L.K. Benson & Company P.C.’s investment portfolio, making the stock its 27th biggest position.

Several other large investors also recently modified their holdings of VNQ. First Financial Bankshares Inc raised its position in shares of Vanguard Real Estate ETF by 0.7% in the 4th quarter. First Financial Bankshares Inc now owns 471,699 shares of the exchange traded fund’s stock worth $42,019,000 after acquiring an additional 3,056 shares in the last quarter. Richmond Brothers Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 12.9% during the 4th quarter. Richmond Brothers Inc. now owns 80,750 shares of the exchange traded fund’s stock worth $7,193,000 after buying an additional 9,195 shares in the last quarter. VSM Wealth Advisory LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $1,547,000. Brooklyn FI LLC lifted its position in shares of Vanguard Real Estate ETF by 6,345.2% during the 4th quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock valued at $123,579,000 after acquiring an additional 1,288,137 shares during the period. Finally, Compass Ion Advisors LLC boosted its stake in Vanguard Real Estate ETF by 11.7% during the fourth quarter. Compass Ion Advisors LLC now owns 41,157 shares of the exchange traded fund’s stock worth $3,666,000 after acquiring an additional 4,299 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 0.5 %

Shares of NYSEARCA VNQ opened at $91.23 on Wednesday. The firm’s 50-day moving average price is $90.94 and its 200-day moving average price is $93.42. The firm has a market capitalization of $99.44 billion, a P/E ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 1-year low of $78.27 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.