Frank Rimerman Advisors LLC Raises Holdings in Vanguard Real Estate ETF $VNQ

Frank Rimerman Advisors LLC grew its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 33,995 shares of the exchange traded fund’s stock after purchasing an additional 7,311 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $3,108,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VNQ. Hantz Financial Services Inc. grew its stake in Vanguard Real Estate ETF by 123.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 173 shares during the last quarter. Cohalo Advisory LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter worth about $29,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter valued at approximately $33,000. Thompson Investment Management Inc. acquired a new position in Vanguard Real Estate ETF in the 3rd quarter worth approximately $45,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in Vanguard Real Estate ETF in the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.1%

Shares of NYSEARCA VNQ opened at $90.80 on Friday. The company has a 50 day simple moving average of $89.80 and a two-hundred day simple moving average of $90.32. The stock has a market cap of $34.77 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month 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.