Vanguard Real Estate ETF $VNQ Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 669.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 109,880 shares of the exchange traded fund’s stock after acquiring an additional 95,594 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $9,723,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. IMG Wealth Management Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth $26,000. Evermay Wealth Management LLC increased 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 worth $32,000 after buying an additional 113 shares during the period. Laurel Wealth Advisors LLC acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $34,000. Palisade Asset Management LLC acquired a new position in Vanguard Real Estate ETF during the third quarter worth approximately $36,000. Finally, Pittenger & Anderson Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $36,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 0.1%

NYSEARCA:VNQ opened at $96.77 on Friday. Vanguard Real Estate ETF has a 12-month low of $86.54 and a 12-month high of $97.37. The stock’s 50 day simple moving average is $93.29 and its 200-day simple moving average is $91.76. The firm has a market cap of $37.30 billion, a P/E 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.