DecisionPoint Financial LLC Has $14.32 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

DecisionPoint Financial LLC raised its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 10.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 162,083 shares of the exchange traded fund’s stock after acquiring an additional 15,924 shares during the period. Vanguard Real Estate ETF makes up about 6.1% of DecisionPoint Financial LLC’s holdings, making the stock its 6th largest holding. DecisionPoint Financial LLC’s holdings in Vanguard Real Estate ETF were worth $14,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in VNQ. Buck Wealth Strategies LLC bought a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $27,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at $27,000. Providence Capital Advisors LLC raised its stake in shares of Vanguard Real Estate ETF by 8,203.6% during the 1st quarter. Providence Capital Advisors LLC now owns 2,325 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 2,297 shares during the period. Capital Investment Counsel Inc purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth about $30,000. Finally, Eagle Bay Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the 2nd quarter worth about $30,000.

Vanguard Real Estate ETF Price Performance

VNQ stock traded up $0.16 during mid-day trading on Wednesday, reaching $79.35. 3,340,233 shares of the company traded hands, compared to its average volume of 4,890,424. The company has a fifty day moving average price of $84.76 and a 200-day moving average price of $82.50. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09. The company has a market capitalization of $31.23 billion, a P/E ratio of 22.27 and a beta of 1.05.

Vanguard Real Estate ETF Company 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.