Lbmc Investment Advisors LLC Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Lbmc Investment Advisors LLC increased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,427 shares of the exchange traded fund’s stock after purchasing an additional 6,737 shares during the quarter. Vanguard Real Estate ETF accounts for 0.7% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 25th biggest holding. Lbmc Investment Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $8,323,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VNQ. Eastern Bank purchased a new stake in Vanguard Real Estate ETF in the third quarter worth approximately $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth $26,000. Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 73.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 163 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the third quarter valued at $49,000.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $89.65 on Friday. The business’s 50-day moving average is $92.25 and its two-hundred day moving average is $92.83. The company has a market cap of $35.29 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week 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.