UNIVEST FINANCIAL Corp Makes New $1.07 Million Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

UNIVEST FINANCIAL Corp bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 12,145 shares of the exchange traded fund’s stock, valued at approximately $1,073,000.

Several other institutional investors have also recently made changes to their positions in the company. Buck Wealth Strategies LLC acquired a new stake in Vanguard Real Estate ETF during the third quarter worth approximately $27,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $27,000. Capital Investment Counsel Inc purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at approximately $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at approximately $31,000. Finally, Halpern Financial Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $33,000.

Vanguard Real Estate ETF Stock Performance

VNQ stock traded up $0.77 during midday trading on Tuesday, hitting $82.14. 3,650,042 shares of the stock were exchanged, compared to its average volume of 4,871,876. The stock’s 50-day moving average price is $83.60 and its 200-day moving average price is $83.02. The stock has a market cap of $32.33 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week 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.