Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% during the second quarter, Holdings Channel reports. The institutional investor owned 54,316 shares of the exchange traded fund’s stock after buying an additional 3,712 shares during the period. Moran Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,539,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Stratos Wealth Partners LTD. raised its stake in Vanguard Real Estate ETF by 14.9% during the second quarter. Stratos Wealth Partners LTD. now owns 87,694 shares of the exchange traded fund’s stock worth $7,328,000 after purchasing an additional 11,361 shares during the period. Allen Capital Group LLC raised its holdings in Vanguard Real Estate ETF by 7.7% in the second quarter. Allen Capital Group LLC now owns 58,417 shares of the exchange traded fund’s stock valued at $4,881,000 after buying an additional 4,174 shares during the period. Level Four Advisory Services LLC raised its holdings in Vanguard Real Estate ETF by 21.9% in the second quarter. Level Four Advisory Services LLC now owns 6,871 shares of the exchange traded fund’s stock valued at $574,000 after buying an additional 1,236 shares during the period. Frank Rimerman Advisors LLC purchased a new position in Vanguard Real Estate ETF in the first quarter valued at approximately $1,133,000. Finally, Avion Wealth raised its holdings in Vanguard Real Estate ETF by 26.0% in the second quarter. Avion Wealth now owns 169,358 shares of the exchange traded fund’s stock valued at $14,151,000 after buying an additional 34,934 shares during the period.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $79.70 on Tuesday. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $94.53. The company’s 50 day moving average price is $76.10 and its 200 day moving average price is $80.38. The firm has a market capitalization of $30.72 billion, a price-to-earnings ratio of 28.40 and a beta of 0.91.

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.