Allworth Financial LP Increases Stake in Vanguard Real Estate ETF $VNQ

Allworth Financial LP increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 93,502 shares of the exchange traded fund’s stock after acquiring an additional 16,444 shares during the quarter. Allworth Financial LP’s holdings in Vanguard Real Estate ETF were worth $8,274,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Evermay Wealth Management LLC boosted its position in Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 113 shares during the period. Laurel Wealth Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth about $34,000. Pittenger & Anderson Inc. purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth about $36,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at about $36,000. Finally, Camelot Portfolios LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $38,000. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $93.91 on Friday. The business has a 50-day moving average of $93.05 and a 200 day moving average of $91.55. Vanguard Real Estate ETF has a 1-year low of $86.36 and a 1-year high of $97.37. The stock has a market capitalization of $36.20 billion, a PE ratio of 35.58 and a beta of 1.00.

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.