DAVENPORT & Co LLC Buys 611 Shares of Vanguard Real Estate ETF $VNQ

DAVENPORT & Co LLC boosted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,173 shares of the exchange traded fund’s stock after purchasing an additional 611 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Real Estate ETF were worth $2,242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. increased its position in Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 296 shares during the period. Aberdeen Wealth Management LLC acquired a new position in Vanguard Real Estate ETF in the 1st quarter valued at approximately $40,000. Anderson Financial Strategies LLC acquired a new position in Vanguard Real Estate ETF in the 1st quarter valued at approximately $41,000. Olistico Wealth LLC acquired a new position in Vanguard Real Estate ETF in the 1st quarter valued at approximately $44,000. Finally, CX Institutional increased its position in Vanguard Real Estate ETF by 133.6% in the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 282 shares during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $89.27 on Friday. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The firm has a 50 day moving average price of $90.93 and a two-hundred day moving average price of $89.43. The stock has a market cap of $33.68 billion, a P/E ratio of 35.58 and a beta of 0.91.

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.