Narwhal Capital Management Purchases New Shares in Vanguard Real Estate ETF $VNQ

Narwhal Capital Management purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 7,050 shares of the exchange traded fund’s stock, valued at approximately $632,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VNQ. Edgemoor Investment Advisors Inc. acquired a new stake in Vanguard Real Estate ETF in the third quarter valued at approximately $27,000. Cohalo Advisory LLC purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $27,000. Signature Resources Capital Management LLC lifted its position in shares of Vanguard Real Estate ETF by 79.9% during the third quarter. Signature Resources Capital Management LLC now owns 304 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 135 shares in the last quarter. Atomic Invest LLC lifted its position in shares of Vanguard Real Estate ETF by 449.2% during the second quarter. Atomic Invest LLC now owns 324 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 265 shares in the last quarter. Finally, Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF during the third quarter worth $30,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.2%

Shares of VNQ stock opened at $97.08 on Wednesday. The company has a market capitalization of $38.88 billion, a PE ratio of 35.58 and a beta of 0.95. The firm has a fifty day simple moving average of $92.94 and a 200-day simple moving average of $94.74. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.80.

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.