65,801 Shares in Vanguard Real Estate ETF $VNQ Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the second quarter, Holdings Channel reports. The fund purchased 65,801 shares of the exchange traded fund’s stock, valued at approximately $5,860,000.

A number of other large investors also recently bought and sold shares of the business. Sovereign Financial Group Inc. raised its holdings in Vanguard Real Estate ETF by 1.9% in the 2nd quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after purchasing an additional 114 shares during the period. Wedmont Private Capital increased its stake in Vanguard Real Estate ETF by 0.3% during the 2nd quarter. Wedmont Private Capital now owns 34,291 shares of the exchange traded fund’s stock worth $3,058,000 after buying an additional 115 shares in the last quarter. MAS Advisors LLC increased its stake in Vanguard Real Estate ETF by 1.0% during the 1st quarter. MAS Advisors LLC now owns 11,808 shares of the exchange traded fund’s stock worth $1,069,000 after buying an additional 116 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its stake in Vanguard Real Estate ETF by 0.6% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 18,569 shares of the exchange traded fund’s stock worth $1,654,000 after buying an additional 117 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Vanguard Real Estate ETF by 27.8% during the 1st quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 119 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 1.0%

NYSEARCA:VNQ opened at $89.60 on Wednesday. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The stock has a 50 day moving average of $90.88 and a two-hundred day moving average of $89.41. The firm has a market cap of $33.80 billion, a P/E ratio of 35.58 and a beta of 0.91.

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.