Keystone Financial Group Buys New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Keystone Financial Group 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 fund purchased 3,275 shares of the exchange traded fund’s stock, valued at approximately $292,000.

Several other institutional investors and hedge funds also recently modified their holdings of VNQ. Van ECK Associates Corp acquired a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $10,542,000. Proficio Capital Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $1,349,000. Thompson Siegel & Walmsley LLC boosted its holdings in shares of Vanguard Real Estate ETF by 22.4% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock valued at $1,429,000 after acquiring an additional 2,936 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Real Estate ETF by 2.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock valued at $74,355,000 after acquiring an additional 17,599 shares during the period. Finally, Argent Trust Co raised its holdings in Vanguard Real Estate ETF by 8.6% during the fourth quarter. Argent Trust Co now owns 11,610 shares of the exchange traded fund’s stock worth $1,034,000 after purchasing an additional 915 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $85.36 on Tuesday. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.58. The firm has a market cap of $93.04 billion, a P/E ratio of 32.61 and a beta of 1.00. The stock has a fifty day moving average price of $89.95 and a two-hundred day moving average price of $91.97.

Vanguard Real Estate ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.