Evergreen Capital Management LLC Purchases New Holdings in Vanguard Real Estate ETF $VNQ

Evergreen Capital Management LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 786,463 shares of the exchange traded fund’s stock, valued at approximately $70,491,000. Vanguard Real Estate ETF accounts for about 1.2% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 16th largest position.

A number of other large investors also recently bought and sold shares of the stock. Mascoma Wealth Management LLC raised its position in shares of Vanguard Real Estate ETF by 6.1% in the 3rd quarter. Mascoma Wealth Management LLC now owns 27,939 shares of the exchange traded fund’s stock worth $2,504,000 after buying an additional 1,609 shares during the period. Lantern Wealth Advisors LLC boosted its holdings in Vanguard Real Estate ETF by 2.6% in the third quarter. Lantern Wealth Advisors LLC now owns 8,332 shares of the exchange traded fund’s stock valued at $747,000 after acquiring an additional 213 shares during the last quarter. Rebalance LLC boosted its holdings in Vanguard Real Estate ETF by 2.9% in the third quarter. Rebalance LLC now owns 631,240 shares of the exchange traded fund’s stock valued at $56,578,000 after acquiring an additional 17,544 shares during the last quarter. West Financial Advisors LLC boosted its holdings in Vanguard Real Estate ETF by 2.3% in the third quarter. West Financial Advisors LLC now owns 178,583 shares of the exchange traded fund’s stock valued at $16,006,000 after acquiring an additional 3,970 shares during the last quarter. Finally, Tectonic Advisors LLC grew its position in Vanguard Real Estate ETF by 4.4% during the third quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock valued at $22,017,000 after acquiring an additional 10,375 shares during the period. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.0%

VNQ stock opened at $92.69 on Friday. The company has a market cap of $37.18 billion, a PE ratio of 35.58 and a beta of 0.97. The stock has a 50-day moving average price of $93.66 and a two-hundred day moving average price of $95.68. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.80.

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.