Independent Advisor Alliance Makes New $999,000 Investment in Vanguard Real Estate ETF $VNQ

Independent Advisor Alliance purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,292 shares of the exchange traded fund’s stock, valued at approximately $999,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. Brighton Jones LLC grew its stake in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after buying an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 5,532 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Vanguard Real Estate ETF by 17.5% in the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after buying an additional 2,222 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after buying an additional 1,402,196 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $93.91 on Friday. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.37. The firm has a market cap of $36.20 billion, a P/E ratio of 35.58 and a beta of 1.00. The stock has a 50-day simple moving average of $93.05 and a 200-day simple moving average of $91.55.

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.