BIP Wealth LLC Increases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

BIP Wealth LLC raised its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 47.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,962 shares of the exchange traded fund’s stock after purchasing an additional 2,551 shares during the period. BIP Wealth LLC’s holdings in Vanguard Real Estate ETF were worth $776,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Partners LLC bought a new stake in Vanguard Real Estate ETF in the 2nd quarter worth about $26,000. Eastern Bank bought a new stake in shares of Vanguard Real Estate ETF in the third quarter worth approximately $26,000. Pathway Financial Advisers LLC purchased a new position in shares of Vanguard Real Estate ETF during the first quarter valued at approximately $28,000. Triad Wealth Partners LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter worth approximately $28,000. Finally, Addison Advisors LLC raised its stake in Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $94.46 on Tuesday. The stock’s 50-day simple moving average is $96.05 and its two-hundred day simple moving average is $90.26. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The stock has a market capitalization of $37.18 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.