TMB Capital Partners LLC Makes New Investment in Vanguard Real Estate ETF $VNQ

TMB Capital Partners LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, Holdings Channel.com reports. The firm purchased 33,201 shares of the exchange traded fund’s stock, valued at approximately $2,938,000. Vanguard Real Estate ETF comprises 1.0% of TMB Capital Partners LLC’s investment portfolio, making the stock its 25th largest position.

Several other hedge funds have also recently made changes to their positions in VNQ. IMG Wealth Management Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Evelyn Partners Investment Management LLP bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $26,000. Resources Management Corp CT ADV purchased a new stake in Vanguard Real Estate ETF during the fourth quarter valued at $27,000. Evermay Wealth Management LLC lifted its holdings in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth about $34,000. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.1%

NYSEARCA VNQ opened at $95.56 on Friday. The company has a 50-day moving average price of $95.77 and a 200-day moving average price of $92.67. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The firm has a market capitalization of $36.84 billion, a P/E ratio of 35.58 and a beta of 0.98.

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.