Root Financial Partners LLC Increases Stock Holdings in Vanguard Real Estate ETF $VNQ

Root Financial Partners LLC boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 45.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 31,055 shares of the exchange traded fund’s stock after buying an additional 9,739 shares during the quarter. Root Financial Partners LLC’s holdings in Vanguard Real Estate ETF were worth $2,755,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. IMG Wealth Management Inc. acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Resources Management Corp CT ADV purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $27,000. Evermay Wealth Management LLC raised its stake 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 worth $32,000 after purchasing an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at $34,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Up 0.4%

Shares of NYSEARCA VNQ opened at $96.82 on Thursday. The stock has a market capitalization of $37.49 billion, a PE ratio of 35.58 and a beta of 0.98. The firm has a fifty day moving average of $96.28 and a 200-day moving average of $93.15. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $99.15.

Vanguard Real Estate ETF 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.