Factor Wealth Management LTD Purchases 10,556 Shares of Vanguard Real Estate ETF $VNQ

Factor Wealth Management LTD raised its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,134 shares of the exchange traded fund’s stock after purchasing an additional 10,556 shares during the quarter. Vanguard Real Estate ETF accounts for about 1.0% of Factor Wealth Management LTD’s holdings, making the stock its 25th biggest holding. Factor Wealth Management LTD’s holdings in Vanguard Real Estate ETF were worth $6,570,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in VNQ. IMG Wealth Management Inc. bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Evelyn Partners Investment Management LLP bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $26,000. Resources Management Corp CT ADV bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $27,000. Evermay Wealth Management LLC boosted its position in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 113 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $34,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

VNQ opened at $98.04 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80. The company’s 50 day moving average price is $97.78 and its two-hundred day moving average price is $94.89. The firm has a market capitalization of $38.85 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97.

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.