Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Position Raised by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC boosted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,555 shares of the exchange traded fund’s stock after purchasing an additional 490 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $736,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VNQ. Eastern Bank acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter worth approximately $26,000. ORG Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 2nd quarter valued at $26,000. Pathway Financial Advisers LLC purchased a new position in shares of Vanguard Real Estate ETF during the 1st quarter valued at $28,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Real Estate ETF in the second quarter worth $28,000. Finally, Addison Advisors LLC grew its stake in Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $97.56 on Tuesday. The firm has a market cap of $38.40 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The firm’s 50 day moving average price is $95.84 and its 200 day moving average price is $90.75.

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.