AMI Investment Management Inc. Grows Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

AMI Investment Management Inc. lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 371.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,752 shares of the exchange traded fund’s stock after acquiring an additional 11,625 shares during the quarter. AMI Investment Management Inc.’s holdings in Vanguard Real Estate ETF were worth $1,236,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dougherty Wealth Advisers LLC increased its stake in shares of Vanguard Real Estate ETF by 0.4% during the 2nd quarter. Dougherty Wealth Advisers LLC now owns 25,965 shares of the exchange traded fund’s stock worth $2,175,000 after purchasing an additional 116 shares during the last quarter. McLean Asset Management Corp increased its holdings in Vanguard Real Estate ETF by 1.4% in the 2nd quarter. McLean Asset Management Corp now owns 8,199 shares of the exchange traded fund’s stock worth $692,000 after acquiring an additional 117 shares during the last quarter. Hexagon Capital Partners LLC lifted its holdings in Vanguard Real Estate ETF by 2.3% during the second quarter. Hexagon Capital Partners LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $444,000 after purchasing an additional 119 shares during the last quarter. Adero Partners LLC boosted its position in Vanguard Real Estate ETF by 0.4% during the fourth quarter. Adero Partners LLC now owns 32,923 shares of the exchange traded fund’s stock worth $2,909,000 after purchasing an additional 121 shares during the period. Finally, Fifth Third Securities Inc. increased its stake in shares of Vanguard Real Estate ETF by 1.1% in the second quarter. Fifth Third Securities Inc. now owns 11,635 shares of the exchange traded fund’s stock worth $987,000 after purchasing an additional 124 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 2.2 %

Shares of VNQ stock traded up $2.04 during trading on Friday, reaching $94.78. 8,040,171 shares of the company’s stock traded hands, compared to its average volume of 4,291,066. The firm’s 50-day moving average is $87.92 and its 200 day moving average is $85.07. The company has a market capitalization of $37.30 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $94.90.

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.