Pure Portfolios Holdings LLC Increases Stock Position in Vanguard Real Estate ETF $VNQ

Pure Portfolios Holdings LLC raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 78.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 21,261 shares of the exchange traded fund’s stock after purchasing an additional 9,324 shares during the period. Vanguard Real Estate ETF comprises about 0.6% of Pure Portfolios Holdings LLC’s investment portfolio, making the stock its 29th largest position. Pure Portfolios Holdings LLC’s holdings in Vanguard Real Estate ETF were worth $1,894,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. grew its stake in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 296 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter worth $40,000. Anderson Financial Strategies LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter worth $41,000. Olistico Wealth LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter worth $44,000. Finally, CX Institutional grew its stake in shares of Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.4%

NYSEARCA VNQ opened at $90.23 on Wednesday. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The stock has a market cap of $33.79 billion, a P/E ratio of 35.58 and a beta of 0.91. The stock’s fifty day moving average price is $90.94 and its 200-day moving average price is $89.44.

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.