D.B. Root & Company LLC Takes Position in Vanguard Real Estate ETF $VNQ

D.B. Root & Company LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, HoldingsChannel.com reports. The firm bought 3,481 shares of the exchange traded fund’s stock, valued at approximately $315,000.

Several other large investors also recently added to or reduced their stakes in VNQ. Brighton Jones LLC raised its stake in Vanguard Real Estate ETF by 59.4% during the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after purchasing an additional 11,469 shares during the period. Revolve Wealth Partners LLC raised its stake in Vanguard Real Estate ETF by 267.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after purchasing an additional 5,532 shares during the period. Russell Investments Group Ltd. raised its stake in Vanguard Real Estate ETF by 47.9% during the 4th quarter. Russell Investments Group Ltd. now owns 1,393 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 451 shares during the period. First Trust Advisors LP acquired a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $267,000. Finally, TD Waterhouse Canada Inc. increased its stake in shares of Vanguard Real Estate ETF by 54.9% in the fourth quarter. TD Waterhouse Canada Inc. now owns 7,841 shares of the exchange traded fund’s stock worth $698,000 after acquiring an additional 2,779 shares during the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.3%

NYSEARCA VNQ opened at $90.43 on Friday. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.58. The company has a market capitalization of $33.90 billion, a PE ratio of 35.58 and a beta of 0.91. The firm’s fifty day simple moving average is $89.91 and its 200-day simple moving average is $89.50.

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.