Fairhaven Wealth Management LLC Boosts Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Fairhaven Wealth Management LLC lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,588 shares of the exchange traded fund’s stock after purchasing an additional 352 shares during the period. Fairhaven Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $743,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VNQ. Qube Research & Technologies Ltd lifted its position in shares of Vanguard Real Estate ETF by 475.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 49,211 shares of the exchange traded fund’s stock worth $3,723,000 after purchasing an additional 40,656 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Real Estate ETF by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after acquiring an additional 1,955,619 shares during the period. Adaptive Financial Consulting LLC lifted its position in Vanguard Real Estate ETF by 5.9% during the 3rd quarter. Adaptive Financial Consulting LLC now owns 118,238 shares of the exchange traded fund’s stock valued at $8,946,000 after acquiring an additional 6,639 shares during the period. Objective Capital Management LLC lifted its position in Vanguard Real Estate ETF by 4.5% during the 3rd quarter. Objective Capital Management LLC now owns 4,973 shares of the exchange traded fund’s stock valued at $376,000 after acquiring an additional 214 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in Vanguard Real Estate ETF by 33.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 101,830 shares of the exchange traded fund’s stock valued at $7,704,000 after acquiring an additional 25,801 shares during the period.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ traded up $0.23 during trading hours on Friday, reaching $83.51. 3,216,980 shares of the company’s stock traded hands, compared to its average volume of 4,355,157. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09. The firm has a market cap of $32.87 billion, a PE ratio of 22.09 and a beta of 1.03. The firm has a 50-day simple moving average of $83.00 and a 200 day simple moving average of $84.28.

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.