Seamount Financial Group Inc. Buys 4,316 Shares of Vanguard Real Estate ETF $VNQ

Seamount Financial Group Inc. raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 17.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,511 shares of the exchange traded fund’s stock after buying an additional 4,316 shares during the period. Vanguard Real Estate ETF accounts for 1.4% of Seamount Financial Group Inc.’s holdings, making the stock its 25th largest holding. Seamount Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $2,628,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC lifted its stake in shares of Vanguard Real Estate ETF by 65.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock valued at $2,018,000 after acquiring an additional 8,816 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Vanguard Real Estate ETF by 100.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after purchasing an additional 1,000 shares in the last quarter. GAMMA Investing LLC increased its holdings in Vanguard Real Estate ETF by 27.8% in the 1st quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 119 shares in the last quarter. Sowell Financial Services LLC raised its position in Vanguard Real Estate ETF by 3.9% in the first quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock valued at $988,000 after purchasing an additional 413 shares during the last quarter. Finally, Kerntke Otto McGlone Wealth Management Group raised its position in Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after purchasing an additional 285 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.9%

NYSEARCA:VNQ opened at $90.56 on Tuesday. The stock has a market cap of $33.91 billion, a P/E ratio of 35.58 and a beta of 0.91. The stock’s 50-day moving average is $90.97 and its 200-day moving average is $89.44. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.20.

About Vanguard Real Estate ETF

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.