Halbert Hargrove Global Advisors LLC Takes Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Halbert Hargrove Global Advisors LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,338 shares of the exchange traded fund’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VNQ. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Vanguard Real Estate ETF during the third quarter valued at about $97,000. Stephens Inc. AR raised its stake in shares of Vanguard Real Estate ETF by 1.2% during the third quarter. Stephens Inc. AR now owns 87,201 shares of the exchange traded fund’s stock valued at $8,495,000 after acquiring an additional 1,039 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of Vanguard Real Estate ETF by 1.9% during the third quarter. Focus Financial Network Inc. now owns 22,592 shares of the exchange traded fund’s stock valued at $2,219,000 after acquiring an additional 425 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Vanguard Real Estate ETF by 22.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,621 shares of the exchange traded fund’s stock valued at $158,000 after acquiring an additional 293 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC raised its stake in shares of Vanguard Real Estate ETF by 4.8% during the third quarter. Gladstone Institutional Advisory LLC now owns 9,718 shares of the exchange traded fund’s stock valued at $947,000 after acquiring an additional 448 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.8 %

Shares of NYSEARCA:VNQ opened at $93.90 on Friday. The company has a market cap of $102.35 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. The company has a 50-day moving average price of $90.26 and a 200-day moving average price of $93.55. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

Vanguard Real Estate ETF 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.