14,552 Shares in Vanguard Real Estate ETF (NYSEARCA:VNQ) Bought by Independent Advisor Alliance

Independent Advisor Alliance purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,552 shares of the exchange traded fund’s stock, valued at approximately $1,296,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $10,542,000. Proficio Capital Partners LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth $1,349,000. Thrivent Financial for Lutherans lifted its holdings in Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after acquiring an additional 1,670 shares during the period. Platform Technology Partners lifted its holdings in Vanguard Real Estate ETF by 17.7% in the fourth quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock valued at $402,000 after acquiring an additional 678 shares during the period. Finally, Transamerica Financial Advisors Inc. boosted its position in shares of Vanguard Real Estate ETF by 7.5% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 111,441 shares of the exchange traded fund’s stock worth $10,857,000 after purchasing an additional 7,762 shares in the last quarter.

Vanguard Real Estate ETF Stock Up 2.0 %

Shares of VNQ opened at $90.17 on Friday. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The company has a 50-day simple moving average of $90.79 and a 200-day simple moving average of $93.48. The company has a market capitalization of $98.29 billion, a PE ratio of 34.84 and a beta of 1.07.

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.