Everhart Financial Group Inc. Increases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Everhart Financial Group Inc. lifted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.5% in the fourth quarter, HoldingsChannel reports. The firm owned 38,526 shares of the exchange traded fund’s stock after acquiring an additional 2,694 shares during the period. Vanguard Real Estate ETF makes up about 0.7% of Everhart Financial Group Inc.’s portfolio, making the stock its 28th biggest holding. Everhart Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $3,432,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Eastern Bank purchased a new position in Vanguard Real Estate ETF during the third quarter worth $26,000. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Howard Capital Management Group LLC acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Finally, CKW Financial Group purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $27,000.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $91.63 on Friday. The company has a 50-day simple moving average of $90.28 and a 200-day simple moving average of $93.39. The company has a market cap of $36.06 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

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.