IF Advisors LLC Buys New Stake in Vanguard Real Estate ETF $VNQ

IF Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 41,985 shares of the exchange traded fund’s stock, valued at approximately $3,715,000. Vanguard Real Estate ETF accounts for about 3.0% of IF Advisors LLC’s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Evermay Wealth Management LLC lifted its position in Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares during the period. Laurel Wealth Advisors LLC acquired a new position in Vanguard Real Estate ETF during the fourth quarter valued at $34,000. Pittenger & Anderson Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter valued at $36,000. Finally, Palisade Asset Management LLC purchased a new position in Vanguard Real Estate ETF in the third quarter valued at $36,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $95.70 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $97.71. The company has a fifty day moving average of $93.70 and a two-hundred day moving average of $92.02. The stock has a market capitalization of $36.89 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.