Valmark Advisers Inc. Boosts Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Valmark Advisers Inc. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 194,410 shares of the exchange traded fund’s stock after acquiring an additional 21,890 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Real Estate ETF were worth $17,318,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Agilis Partners LLC grew its position in shares of Vanguard Real Estate ETF by 3.6% in the 4th quarter. Agilis Partners LLC now owns 64,137 shares of the exchange traded fund’s stock valued at $5,713,000 after buying an additional 2,238 shares during the last quarter. VeraBank N.A. grew its position in shares of Vanguard Real Estate ETF by 8.8% in the 4th quarter. VeraBank N.A. now owns 41,215 shares of the exchange traded fund’s stock valued at $3,671,000 after buying an additional 3,328 shares during the last quarter. Strategic Financial Concepts LLC grew its position in shares of Vanguard Real Estate ETF by 2,147.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 82,735 shares of the exchange traded fund’s stock valued at $7,370,000 after buying an additional 79,054 shares during the last quarter. Allworth Financial LP grew its position in Vanguard Real Estate ETF by 9.8% during the 4th quarter. Allworth Financial LP now owns 28,369 shares of the exchange traded fund’s stock worth $2,546,000 after purchasing an additional 2,525 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC grew its position in Vanguard Real Estate ETF by 38.3% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 4,555 shares of the exchange traded fund’s stock worth $406,000 after purchasing an additional 1,262 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $91.63 on Friday. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The company has a market capitalization of $36.06 billion, a P/E ratio of 22.09 and a beta of 1.03. The company’s fifty day moving average is $90.28 and its two-hundred day moving average is $93.39.

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.