Drystone LLC Purchases New Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Drystone LLC acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 82,775 shares of the exchange traded fund’s stock, valued at approximately $7,374,000. Vanguard Real Estate ETF accounts for 7.4% of Drystone LLC’s investment portfolio, making the stock its 4th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Fund Evaluation Group LLC lifted its holdings in Vanguard Real Estate ETF by 3.4% during the 2nd quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock valued at $1,356,000 after buying an additional 526 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 18.0% during the second quarter. NewEdge Advisors LLC now owns 78,731 shares of the exchange traded fund’s stock worth $6,594,000 after acquiring an additional 12,000 shares during the period. New Century Financial Group LLC bought a new stake in shares of Vanguard Real Estate ETF during the second quarter valued at approximately $397,000. Centennial Bank AR boosted its holdings in shares of Vanguard Real Estate ETF by 10.7% in the second quarter. Centennial Bank AR now owns 21,527 shares of the exchange traded fund’s stock valued at $1,803,000 after purchasing an additional 2,087 shares during the period. Finally, Creekside Partners bought a new position in Vanguard Real Estate ETF in the second quarter worth approximately $2,773,000.

Vanguard Real Estate ETF Stock Down 1.3 %

Shares of NYSEARCA VNQ opened at $89.61 on Thursday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The firm has a market cap of $35.27 billion, a PE ratio of 22.09 and a beta of 1.03. The business has a fifty day simple moving average of $91.72 and a two-hundred day simple moving average of $93.26.

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.