Destination Wealth Management Raises Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Destination Wealth Management raised its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,910 shares of the exchange traded fund’s stock after buying an additional 1,043 shares during the quarter. Destination Wealth Management’s holdings in Vanguard Real Estate ETF were worth $2,308,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. CKW Financial Group purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $27,000. Finally, Laurel Wealth Advisors LLC lifted its stake in Vanguard Real Estate ETF by 73.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 2.6 %

Shares of NYSEARCA VNQ opened at $91.87 on Friday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The stock has a 50 day moving average of $90.59 and a two-hundred day moving average of $93.59. The stock has a market cap of $100.14 billion, a P/E ratio of 34.84 and a beta of 1.07.

Vanguard Real Estate ETF Company 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.