Ocean Park Asset Management LLC Acquires Shares of 42,620 Vanguard Real Estate ETF $VNQ

Ocean Park Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, Holdings Channel reports. The firm acquired 42,620 shares of the exchange traded fund’s stock, valued at approximately $3,779,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VNQ. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Evelyn Partners Investment Management LLP bought a new position in Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Resources Management Corp CT ADV bought a new position in Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Evermay Wealth Management LLC raised its stake in Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $95.56 on Monday. The firm has a 50-day moving average price of $95.84 and a two-hundred day moving average price of $92.71. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $99.15. The company has a market capitalization of $36.84 billion, a P/E ratio of 35.58 and a beta of 0.98.

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.