5,476 Shares in Vanguard Real Estate ETF (NYSEARCA:VNQ) Acquired by DKM Wealth Management Inc.

DKM Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, Holdings Channel reports. The fund purchased 5,476 shares of the exchange traded fund’s stock, valued at approximately $488,000. Vanguard Real Estate ETF accounts for about 0.5% of DKM Wealth Management Inc.’s holdings, making the stock its 29th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $124,165,000. Brooklyn FI LLC boosted its stake in shares of Vanguard Real Estate ETF by 6,345.2% in the fourth quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock valued at $123,579,000 after buying an additional 1,288,137 shares during the period. FIDELIS iM LLC grew its position in Vanguard Real Estate ETF by 879.7% during the fourth quarter. FIDELIS iM LLC now owns 801,855 shares of the exchange traded fund’s stock worth $71,429,000 after buying an additional 720,010 shares in the last quarter. US Bancorp DE raised its holdings in Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its position in shares of Vanguard Real Estate ETF by 685.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 445,162 shares of the exchange traded fund’s stock valued at $39,655,000 after acquiring an additional 388,506 shares during the period.

Vanguard Real Estate ETF Stock Up 0.0 %

VNQ stock opened at $90.58 on Wednesday. The company’s 50-day moving average price is $91.37 and its two-hundred day moving average price is $93.01. The firm has a market cap of $98.73 billion, a P/E ratio of 32.61 and a beta of 1.00. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.9319 dividend. The ex-dividend date was Tuesday, March 25th.

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.