Alexander Randolph Advisory Inc. Invests $237,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Alexander Randolph Advisory Inc. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, HoldingsChannel.com reports. The fund bought 2,678 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Several other institutional investors have also made changes to their positions in the company. Golden State Equity Partners increased its position in shares of Vanguard Real Estate ETF by 4.6% in the fourth quarter. Golden State Equity Partners now owns 7,324 shares of the exchange traded fund’s stock worth $647,000 after acquiring an additional 323 shares in the last quarter. Heritage Financial Services LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $625,000. Truist Financial Corp increased its position in shares of Vanguard Real Estate ETF by 1.8% in the fourth quarter. Truist Financial Corp now owns 238,189 shares of the exchange traded fund’s stock worth $21,046,000 after acquiring an additional 4,227 shares in the last quarter. Silver Oak Advisory Group Inc. increased its position in shares of Vanguard Real Estate ETF by 2.0% in the fourth quarter. Silver Oak Advisory Group Inc. now owns 79,624 shares of the exchange traded fund’s stock worth $7,036,000 after acquiring an additional 1,591 shares in the last quarter. Finally, McClarren Financial Advisors Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 14.2% during the fourth quarter. McClarren Financial Advisors Inc. now owns 6,127 shares of the exchange traded fund’s stock worth $541,000 after purchasing an additional 760 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock traded up $0.04 during trading on Friday, hitting $80.16. 3,367,694 shares of the company were exchanged, compared to its average volume of 4,868,798. The firm has a market capitalization of $31.55 billion, a price-to-earnings ratio of 22.27 and a beta of 1.05. The business’s 50-day simple moving average is $84.06 and its 200 day simple moving average is $82.75. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $90.09.

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.