Ballast Inc. Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Ballast Inc. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,650 shares of the exchange traded fund’s stock, valued at approximately $323,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter worth $30,000. Buck Wealth Strategies LLC purchased a new position in shares of Vanguard Real Estate ETF in the third quarter worth $27,000. Capital Investment Counsel Inc purchased a new position in shares of Vanguard Real Estate ETF in the third quarter worth $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the third quarter valued at $31,000. Finally, VitalStone Financial LLC purchased a new stake in Vanguard Real Estate ETF during the second quarter valued at $39,000.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $86.48 on Friday. The stock has a market cap of $33.34 billion, a PE ratio of 28.40 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $90.09. The stock has a fifty day moving average of $85.05 and a 200 day moving average of $82.03.

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.