KPP Advisory Services LLC Makes New $578,000 Investment in Vanguard Real Estate ETF $VNQ

KPP Advisory Services LLC acquired a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,322 shares of the exchange traded fund’s stock, valued at approximately $578,000.

Several other institutional investors have also recently modified their holdings of VNQ. Gallagher Fiduciary Advisors LLC increased its holdings in Vanguard Real Estate ETF by 8,739.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock worth $509,221,000 after buying an additional 5,653,040 shares during the period. State Street Corp boosted its holdings in shares of Vanguard Real Estate ETF by 735.3% in the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after acquiring an additional 1,402,196 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Real Estate ETF by 97.2% in the second quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock worth $197,740,000 after acquiring an additional 1,094,540 shares during the period. Beacon Capital Management Inc. increased its stake in shares of Vanguard Real Estate ETF by 1,568.1% in the second quarter. Beacon Capital Management Inc. now owns 1,001,170 shares of the exchange traded fund’s stock worth $89,164,000 after acquiring an additional 941,151 shares during the period. Finally, Midwest Trust Co acquired a new position in Vanguard Real Estate ETF during the second quarter valued at $53,142,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $90.39 on Wednesday. The firm’s fifty day moving average is $89.71 and its two-hundred day moving average is $90.32. The firm has a market cap of $34.61 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $94.95.

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.