Axxcess Wealth Management LLC Increases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Axxcess Wealth Management LLC increased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 51.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 25,733 shares of the exchange traded fund’s stock after purchasing an additional 8,695 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,274,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $27,000. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Capital Investment Counsel Inc purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $30,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $31,000. Finally, Halpern Financial Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $33,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock traded up $0.54 during mid-day trading on Friday, reaching $81.30. 4,270,214 shares of the company’s stock traded hands, compared to its average volume of 4,907,327. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $90.09. The firm has a 50 day moving average price of $83.64 and a two-hundred day moving average price of $82.85. The firm has a market capitalization of $32.00 billion, a PE ratio of 22.09 and a beta of 1.03.

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.