2,550 Shares in Vanguard Real Estate ETF (NYSEARCA:VNQ) Purchased by Gemmer Asset Management LLC

Gemmer Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,550 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Several other hedge funds have also bought and sold shares of VNQ. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Pathway Financial Advisers LLC purchased a new position in Vanguard Real Estate ETF in the first quarter worth about $28,000. Fortis Group Advisors LLC raised its holdings in Vanguard Real Estate ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 167 shares during the last quarter. Pineridge Advisors LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth about $33,000. Finally, Voisard Asset Management Group Inc. purchased a new position in Vanguard Real Estate ETF in the second quarter worth about $34,000.

Vanguard Real Estate ETF Stock Up 0.9 %

Vanguard Real Estate ETF stock traded up $0.79 during trading hours on Tuesday, hitting $91.21. The stock had a trading volume of 3,089,387 shares, compared to its average volume of 4,312,338. The stock has a market capitalization of $35.90 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $92.13. The stock’s 50-day moving average price is $86.36 and its 200-day moving average price is $84.59.

About Vanguard Real Estate ETF

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.