McElhenny Sheffield Capital Management LLC Makes New $691,000 Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

McElhenny Sheffield Capital Management LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,762 shares of the exchange traded fund’s stock, valued at approximately $691,000. Vanguard Real Estate ETF comprises about 0.2% of McElhenny Sheffield Capital Management LLC’s holdings, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Eastern Bank bought a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at about $26,000. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 73.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 163 shares during the period. Finally, Eagle Bay Advisors LLC bought a new position in Vanguard Real Estate ETF in the third quarter worth approximately $49,000.

Vanguard Real Estate ETF Stock Down 0.1 %

Shares of NYSEARCA VNQ opened at $89.65 on Friday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The firm has a market cap of $35.29 billion, a PE ratio of 22.09 and a beta of 1.03. The business has a fifty day simple moving average of $92.25 and a two-hundred day simple moving average of $92.83.

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.