Sargent Investment Group LLC Buys New Position in Vanguard Real Estate ETF $VNQ

Sargent Investment Group LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,022 shares of the exchange traded fund’s stock, valued at approximately $975,000.

Several other hedge funds also recently added to or reduced their stakes in VNQ. Brighton Jones LLC increased its position in Vanguard Real Estate ETF by 59.4% during the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after buying an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Vanguard Real Estate ETF by 267.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 5,532 shares during the period. AQR Capital Management LLC increased its position in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 1,284 shares during the period. Russell Investments Group Ltd. increased its position in shares of Vanguard Real Estate ETF by 84.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 2,222 shares during the period. Finally, State Street Corp increased its position in shares of Vanguard Real Estate ETF by 735.3% in the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after acquiring an additional 1,402,196 shares during the period. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $98.51 on Monday. The stock’s fifty day moving average price is $95.26 and its 200 day moving average price is $92.51. The company has a market cap of $37.97 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $98.86.

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.