Evanson Financial LLC Makes New Investment in Vanguard Real Estate ETF $VNQ

Evanson Financial LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 48,160 shares of the exchange traded fund’s stock, valued at approximately $4,644,000.

Other hedge funds have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Resources Management Corp CT ADV purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $27,000. Evermay Wealth Management LLC increased its holdings in Vanguard Real Estate ETF by 46.5% in 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 during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at approximately $34,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.9%

Shares of NYSEARCA VNQ opened at $98.04 on Friday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The business’s 50 day moving average is $97.78 and its two-hundred day moving average is $94.89. The firm has a market cap of $38.85 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97.

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.