Cardinal Point Capital Management ULC Invests $655,000 in Vanguard Real Estate ETF $VNQ

Cardinal Point Capital Management ULC bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 7,400 shares of the exchange traded fund’s stock, valued at approximately $655,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fiducient Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 144.8% during the third quarter. Fiducient Advisors LLC now owns 13,060 shares of the exchange traded fund’s stock valued at $1,194,000 after acquiring an additional 7,725 shares during the period. CENTRAL TRUST Co boosted its holdings in shares of Vanguard Real Estate ETF by 56.4% in the third quarter. CENTRAL TRUST Co now owns 37,174 shares of the exchange traded fund’s stock valued at $3,398,000 after acquiring an additional 13,403 shares in the last quarter. Efficient Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 2.9% during the 4th quarter. Efficient Advisors LLC now owns 606,676 shares of the exchange traded fund’s stock valued at $53,685,000 after purchasing an additional 17,250 shares during the period. Gould Asset Management LLC CA grew its holdings in Vanguard Real Estate ETF by 3.9% during the third quarter. Gould Asset Management LLC CA now owns 161,662 shares of the exchange traded fund’s stock worth $14,779,000 after acquiring an additional 6,034 shares during the period. Finally, Everhart Financial Group Inc. raised its position in Vanguard Real Estate ETF by 14.0% in the fourth quarter. Everhart Financial Group Inc. now owns 60,166 shares of the exchange traded fund’s stock worth $5,324,000 after acquiring an additional 7,398 shares in the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.6%

Shares of NYSEARCA VNQ opened at $95.32 on Friday. Vanguard Real Estate ETF has a twelve month low of $86.36 and a twelve month high of $97.37. The firm has a 50-day moving average of $93.08 and a two-hundred day moving average of $91.54. The company has a market capitalization of $36.74 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00.

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.